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XBTO Granted Full Financial Services Permission by Abu Dhabi’s FSRA


by Peter Mwangi
for CoinEdition
XBTO institutional digital asset platform receives full regulatory approval from Abu Dhabi Global Market (ADGM) FSRA for UAE crypto services.
  • XBTO receives full 3A license from ADGM, enabling regulated services across the UAE.
  • Approval supports XBTO’s MENA expansion and upcoming UK regulatory entry.
  • XBTO joins Hub71 cohort, advancing blockchain education and regional collaboration.

XBTO, a platform focused on institutional digital assets, obtained full regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), allowing the institutional digital asset platform to expand its services across the United Arab Emirates. The approval grants XBTO a Financial Services Permission (FSP) under the 3A license category, which follows an earlier in-principle approval (IPA) issued in September 2024.

The full FSP means XBTO can now operate a full range of financial activities both within and from the ADGM. These services include custody of digital assets, matched principal trading, providing investment advisory, and arranging investment deals. With this license, XBTO is now authorized to act as a regulated counterparty to key institutional clients in the region, such as sovereign wealth funds, regional banks, and family offices.

This approval aligns with ADGM…

The post XBTO Granted Full Financial Services Permission by Abu Dhabi’s FSRA appeared first on Coin Edition.

Read the article at CoinEdition

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XBTO Granted Full Financial Services Permission by Abu Dhabi’s FSRA


by Peter Mwangi
for CoinEdition
XBTO institutional digital asset platform receives full regulatory approval from Abu Dhabi Global Market (ADGM) FSRA for UAE crypto services.
  • XBTO receives full 3A license from ADGM, enabling regulated services across the UAE.
  • Approval supports XBTO’s MENA expansion and upcoming UK regulatory entry.
  • XBTO joins Hub71 cohort, advancing blockchain education and regional collaboration.

XBTO, a platform focused on institutional digital assets, obtained full regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), allowing the institutional digital asset platform to expand its services across the United Arab Emirates. The approval grants XBTO a Financial Services Permission (FSP) under the 3A license category, which follows an earlier in-principle approval (IPA) issued in September 2024.

The full FSP means XBTO can now operate a full range of financial activities both within and from the ADGM. These services include custody of digital assets, matched principal trading, providing investment advisory, and arranging investment deals. With this license, XBTO is now authorized to act as a regulated counterparty to key institutional clients in the region, such as sovereign wealth funds, regional banks, and family offices.

This approval aligns with ADGM…

The post XBTO Granted Full Financial Services Permission by Abu Dhabi’s FSRA appeared first on Coin Edition.

Read the article at CoinEdition

Read More

First Abu Dhabi Bank to Issue MENA’s First Digital Bond on ADX

First Abu Dhabi Bank to Issue MENA’s First Digital Bond on ADX

The Abu Dhabi Securities Exchange (ADX) is preparing to list the first-ever blockchai...
STIX Faces WLFI OTC Selling Pressure Amid Low Buyer Interest

STIX Faces WLFI OTC Selling Pressure Amid Low Buyer Interest

Detail: https://coincu.com/347062-stix-wlfi-otc-sellers/