Crypto.com Becomes First Crypto Firm Licensed by UAE Central Bank
22 Articles
22 Articles
The Central Bank of UAE has licensed the Crypto.com platform, which now allows Dubaians to pay fees, fines and State fees, which automatically converts krypta into dirhams that go into the treasury.
UAE Gives First Official ‘Crypto Payment Licence’ to Crypto.com: Check Which Services Will Accept Crypto in the UAE & Who Owns the Company?
Crypto Payment Licence in UAE: The United Arab Emirates has taken a major step toward becoming one of the world’s leading crypto and fintech hubs after officially granting its first regulated crypto payment licence to Crypto.com. The decision allows the company to provide regulated cryptocurrency payment services across the UAE and marks one of the biggest developments in digital finance in the Middle East this year. The approval also strengthen…
Crypto.com Lands UAE License, Opening Crypto Payments for Dubai Government Fees
Crypto exchange Crypto.com announced that its United Arab Emirates entity has been granted a stored value facilities license, enabling payment of government fees with cryptocurrencies. Regulatory Milestone Crypto exchange Crypto.com has announced on May 11 that its United Arab...
Crypto.com Granted UAE SVF License to Process Dubai Government Payments in Crypto
Crypto.com has secured a Stored Value Facilities (SVF) license from the Central Bank of the UAE (CBUAE). The license, granted to the company’s local entity Foris DAX Middle East FZE, activates a partnership with the Dubai Department of Finance. The agreement allows UAE residents to pay government fees using virtual assets through the exchange’s platform. To comply with the central bank’s regulatory framework, the system will process all financia…
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