The world’s third-biggest cryptocurrency exchange FTX announced today that it acquired the virtual asset license in Dubai.
As crypto expansion touches every corner of the world, it was only a matter of time before the leading CEXs and DEXs arrived in the Middle Eastern countries as well.
The exchange received its Dubai trading license today, following which it intends on establishing a regional headquarter in the city.
The exchange company had recently launched its Europe and the Middle East focused division ‘FTX Europe’ through which it will be offering complex crypto derivative products to institutional markets.
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