London based, FCA registered digital asset platform Zodia Markets has announced that it has been granted In-Principle Approval (IPA) fulfilling the pre-requisites to receive a Financial Services Permission (FSP) that will allow the commencement of regulated activities as an OTC broker-dealer in virtual assets by Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s Capital.
Zodia Markets, which is backed by SC Ventures, the innovation and ventures unit of Standard Chartered Bank, said it has chosen to expand into the UAE as the region establishes itself as a rapidly emerging hub for digital assets. The strategic…
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