QCP Receives In-Principal Approval From Abu Dhabi Regulator
Submitted by Anonymous (not verified) on Tue, 05/07/2024 - 15:00QCP said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures
QCP said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures
The license is the first awarded by Singapore to a crypto market maker.

Singapore's financial regulator has released an expansion to its crypto framework.
Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Si
Kyle Davies, the co-founder of the now-defunct Three Arrows Capital, has stated that he is not sorry for the company going bankrupt.
The Grab super app is now making available the option of paying in cryptocurrencies, The Straits Times reported Tuesday citing alerts from Grab use
Singapore’s meticulously crafted reputation as a bastion of financial stability is taking a fascinating turn.
Bitstamp describes itself as the "first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore."
The company said that its initial target for the funding round was $35 million.
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