Dubai has issued a license to the FTX cryptocurrency exchange. The next stage is the opening of the headquarters in the emirate. Bloomberg writes about it.
— FTX (@FTX_Official) March 14, 2022
FTX Europe division will be “a key player in the Dubai World Trade Center (DWTC)”, the company said.
Institutional investors will receive complex derivatives with centralized clearing, said FTX CEO Sam Bankman-Fried.
The publication also reports that the Binance bitcoin exchange has also become the owner of a crypto license in the emirate. Information about the plans of the platform became known simultaneously with regulatory approval by the Dubai authorities cryptocurrencies.
Dubai has adopted cryptocurrencies