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MultiBank Sets Up in UAE with MEX Digital’s VARA License for Crypto Assets
MultiBank Group, a global financial institution based in Dubai, has announced the launch of its subsidiary, MEX Digital FZE, in the UAE. MEX Digital has secured a license from the Virtual Assets Regulatory Authority (VARA) in Dubai to operate under the MultiBank.io brand. The license allows the company to offer services as a broker-dealer and exchange for virtual assets, excluding derivatives at this stage. MultiBank.io Secures VASP License According to the firm, this development strengthens MultiBank.io’s position as a Virtual Assets Service Provider (VASP) in the region. The company can now provide virtual asset ... (full story)
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- Posted: Oct 11, 2024 11:45pm
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 91
