Crypto.com Gets Bahrain License, Amber Group Approved in Dubai
Crypto.com Secures Bahrain Crypto License
Crypto.com, a leading cryptocurrency exchange platform, has recently obtained a crypto-asset service provider license from the Central Bank of Bahrain (CBB). This license allows Crypto.com to offer a wide range of cryptocurrency-related services within the kingdom, including trading, custody, and portfolio management.
The CBB has implemented a robust regulatory framework for crypto assets, fostering innovation while protecting investors. Crypto.com's compliance with these regulations demonstrates its commitment to operating in a safe and compliant manner.
Amber Group Receives Dubai Virtual Asset License
Approval Marks Expansion into Middle East
Amber Group, a global digital asset platform, has received a Virtual Asset License from the Dubai Virtual Assets Regulatory Authority (VARA). This marks a significant milestone for Amber Group as it expands its presence into the Middle East.
The VARA license enables Amber Group to conduct a comprehensive range of virtual asset activities in Dubai, including trading, custody, and brokerage services. Dubai's progressive regulatory approach towards digital assets has attracted numerous industry leaders, establishing the emirate as a hub for crypto innovation.
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