Capital.com Affiliate Secures UAE Virtual Asset License, Plans to Launch Spot Crypto Services

Capital Vault has obtained a virtual asset license from the UAE Capital Markets Authority (CMA), authorizing it to handle virtual assets as an agent or matching principal and provide custody services. Capital Vault will operate as an independent regulated entity, having opened an office in Abu Dhabi and assembled a local virtual asset team.

Upon the launch of its services, UAE users will be able to directly purchase and hold crypto assets through the Capital.com app, a departure from its previous business that only offered price exposure via contracts for difference (CFDs).

[TechFlow]