Matrix Exchange Receives Crypto License From UAE Regulator

News, Regulation | June 10, 2020 By:

Matrix Exchange has received a full license from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate a crypto exchange and custody service in the UAE.

The license, known as Financial Services Permission (FSP), will allow Matix Exchange to operate a regulated virtual asset Multilateral Trading Facility (MTF) and custody platform that will serve retail customers,

 Read more  »

Abu Dhabi Ponders Its Blockchain Options

Blockchain, FinTech, Innovation | January 5, 2019 By:

The Abu Dhabi government is pondering the role of blockchain in the country’s future.

The government hosted a blockchain workshop in December dedicated to blockchain technology opportunities and challenges, organized by Berkeley Research Group and OpenLedger experts.

The initiative is anchored with the strategic plans of Abu Dhabi development shared by more than 20 representatives from different governmental agencies.

 Read more  »

Abu Dhabi Global Market Completes First Phase Of Blockchain KYC Project

Blockchain, News | December 6, 2018 By:

The Abu Dhabi Global Market (ADGM), the international financial center in the capital of the UAE, has completed the first phase of its blockchain know your customer (KYC) utility project.

The blockchain e-KYC project, launched in March 2018, was conducted by the Financial Services Regulatory Authority (FSRA) of ADGM in collaboration with a consortium of the UAE’s major financial institutions,

 Read more  »