The company has also received approval in Dubai, U.K., the Netherlands and Spain.

Block Earner doesn't need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related product

The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month.

QCP said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures

The fourth and final stage of approval comes almost a year after the crypto exchange secured a third-stage license.

MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players.

The firm follows crypto exchange DigiFT, which received a CMS license last month.