Abu Dhabi grants virtual asset brokerage approval to Rain

Canada News News

Abu Dhabi grants virtual asset brokerage approval to Rain
Canada Latest News,Canada Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Rain has been granted permission to operate as a virtual asset brokerage and custody service provider by Abu Dhabi's financial regulator.

Rain was granted permission to operate as a virtual asset brokerage and custody service provider by Abu Dhabi’s financial regulator.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto firm Rain was granted permission to operate as a virtual asset brokerage and custody service provider by Abu Dhabi's financial regulator.

The brokerage will offer institutional and retail clients in the UAE the ability to buy, sell and store virtual assets. In addition, users of the platform will be able to on- and off-ramp to the UAE dirham. The platform received financial services permission from Abu Dhabi's Financial Services Regulatory Authority on Tuesday,

“With this license, we can now offer our customers an even greater level of security and trust, as we continue to drive innovation and growth in the virtual assets space. Rain now offers the only regulated on-ramp and off-ramp of AED into virtual assets in the UAE," Rain CEO Joseph Dallago said.The cryptocurrency platform received an in-principle approval for an FSP from the

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pitchfork Music Festival reopens after being evacuated due to rainPitchfork Music Festival reopens after being evacuated due to rainThe Pitchfork Music Festival reopened roughly an hour after it was evacuated Saturday afternoon due to rainy weather.
Read more »

Monsoon rain flooding in Afghanistan kills 30 peopleMonsoon rain flooding in Afghanistan kills 30 peopleAt least 30 people have been killed in Afghanistan after floods caused by a heavy monsoon rain spell washed away homes, a disaster ministry official said on Sunday.
Read more »

Columbus Weather: Warming up through the week with chances for rainColumbus Weather: Warming up through the week with chances for rainPOP-UP SHOWERS AND STORMS WITH TEMPERATURES WARMING UP!SUNDAY: Sun and clouds. Chance for a pop-up shower/storm. Winds: S 5-10 MPH. High: 85SUNDAY NIGHT: Mostly
Read more »

Monday Forecast: Chilly temperatures, rain returns, breezy at timesMonday Forecast: Chilly temperatures, rain returns, breezy at timesChilly temperatures and ran returns tomorrow! Here is a look at your forecast: FOX13
Read more »



Render Time: 2025-03-01 14:35:52