FTX Becomes First Cryptocurrency Exchange to Acquire Dubai’s Regulated Virtual Asset License

FTX, one of the world’s largest cryptocurrency exchanges, is increasing its presence in the United Arab Emirates (UAE) by obtaining a virtual asset license from Dubai.

In a March 7 press release, FTX Europe as part of its global growth plans FTX, which announced that it established According to the press release published on March 15, FTX Europe from Dubai by obtaining a virtual asset license It was the first fully regulated cryptocurrency exchange in this space.

FTX CEO and founder Sam Bankman-Fried said on Twitter. in sharinglicensed in this field from Dubai first and only ever announced that they are the stock market.

Bankman-Fried said in a press release on the subject that it is in Dubai as part of FTX Europe. local one to establish a center and crypto trading service He said he plans to give

Also CEO of FTX:

We are proud to have obtained a Dubai regulated license. We are excited to be the first approved applicant in such a special category. This approval of FTX indicates that it will be at the forefront of other licenses it will receive worldwide.

made statements.

Earlier, FTX announced that it has received approval from the Cyprus Financial Market Regulator (CySEC) under the domain name ftx.com/eu.

FTX Increases Global Expansion By Establishing FTX Europe

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