UAE’s federal financial regulator opens licensing applications for VASPs By Cointelegraph
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The federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start receiving licensing applications for firms that want to provide virtual asset services within the country.
The Securities and Commodities Authority (SCA) said in a press release that all virtual asset service providers (VASPs) operating in the country must submit an application and obtain a license from the regulator, with the exemption of those licensed in the country’s financial free zones.
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The federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start receiving licensing applications for firms that want to provide virtual asset services within the country.
The Securities and Commodities Authority (SCA) said in a press release that all virtual asset service providers (VASPs) operating in the country must submit an application and obtain a license from the regulator, with the exemption of those licensed in the country’s financial free zones.
Continue Reading on Coin Telegraph
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