Capital.com is set to launch full spot crypto services in the UAE, letting users buy and hold digital assets directly through their app — a major leap from just trading. This move is powered by Capital Vault, which just secured a virtual-asset license from the UAE’s Capital Market Authority, granting it legal authority to manage, custody, and trade crypto for clients. Timing is key: the UAE’s new April 2024 virtual asset framework has clarified regulations around AML and conduct, creating a safer, more structured environment. Capital Vault is establishing its operations in Abu Dhabi with a dedicated local team and independent governance, signaling serious commitment to compliance and regional trust. This marks a pivotal moment as regulated players expand into crypto’s next frontier.
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