MultiBank Group has announced the launch of its subsidiary, MEX Digital FZE, in the UAE. MEX Digital has obtained a license from the Virtual Assets Regulatory Authority in Dubai to operate as a broker-dealer and exchange for virtual assets. This strengthens MultiBank.io's position as a Virtual Assets Service Provider in the region and allows the company to offer virtual asset exchange and broker-dealer services. The company aims to create an ecosystem that integrates the financial derivatives markets with the crypto markets. MultiBank Group operates in traditional finance and currently serves over one million traders in 90 countries.
- Content Editor ( financemagnates.com )
- 2024-10-11
MultiBank Sets Up in UAE with MEX Digital’s VARA License for Crypto Assets