Cryptocurrency exchange Rain, known to Turkish investors as the sponsor of Beşiktaş, has obtained an operating license from the Abu Dhabi Financial Services Regulatory Authority (FSRA).
In the news published by Reuters on July 25, Rain had recently FSRA by United Arab Emirates (UAE) in cryptocurrency trading And storage operations for has been authorized conveyed.
Rain co-founder Yehia Badawy In his interview on the subject, he said that the stock market has a Bank account and transfers to the accounts of UAE citizens. local payment services stated that they can use it.
with their license customer ranges co-founder of the company aiming to expand, especially corporate customers implied that they are aiming for an expansion on the side.
Corporate customers unlicensed in dealing with stock markets hesitant saying that badawy, this status of the license to change He explained his expectations for
Using this license, we can receive more requests from institutional investors.
rain And Besiktas in March of last year 2 years to cover a sponsorship had signed the agreement. The company’s In Istanbul It also has an office.