QCP Receives In-Principal Approval From Abu Dhabi Regulator

Digital assets trading firm QCP Capital said it received In-Principle Approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The Singapore-based firm is the latest digital assets company to establish a licensed presence in Abu Dhabi. in neighboring Dubai, it said it with Further Ventures to expand into the Middle East. “Our intention is to be a responsible player that wants to support market confidence," CEO Melvin Deng said in a statement. "We are proud to be the first Singaporean digital asset market maker and...