CAPEX.com Receives In-Principle Approval to Operate a Crypto Trading License in Abu Dhabi

CAPEX.com announced today that it had received the In-Principle Approval to operate a cryptocurrency trading license in Abu Dhabi. It is not the first time the brand has received a vote of confidence from ADGM (Abu Dhabi Global Market), as it has been developing its strong Mena region presence since 2019.

Octavian Pătrașcu, the founder and CEO of CAPEX.com, declares: "Now that we are ready to launch our cryptocurrency division in the Middle East, we are one step closer to becoming a complete trading app that offers multiple verticals in the financial services in different regions.We are happy to see that the markets are becoming more regulated and we are among the first to have all the required legal infrastructure to offer a better and safer experience to our users. We are enthusiastic about creating a real hub of financial services under ADGM, that can be our headquarters for all Mena region.”

Having the mission of opening the world of trading to everyone, the broker's range of services spans many markets and instruments: Forex, CFDs, ETFs, Crypto, and, as of this year, CAPEX Invest that offers Real Shares Trading. The cryptocurrency license green-lights the launch of its third vertical under ADGM's approval.

Mădălina Rotaru, the COO of CAPEX Group and SEO of CAPEX Mena, took the opportunity of expressing her opinion on the new permit:

"We are delighted that one of the world's strictest regulating authorities has again approved our business ethics and high standards. Our brand provides the Middle Eastern market with excellent financial services, and this new license is a consequence of the trust we built within the region. Moreover, we are very content that our vision of being a one-stop-shop broker spreads wider and wider. And this is an endeavor we want to keep pursuing."

CAPEX.com is a name to be reckoned with in today's highly competitive brokerage industry. What was considered an ambitious project turned out to be a skillful player among the world's best. The broker started hiring new talented and experienced people from the regions they operate to make sure that it has the proper growth.

This healthy approach enabled them to activate over 9 licenses in separate jurisdictions for different verticals and services, in a short period. Considering that CAPEX.com only started its operation in 2018, the rapid ascension leads us to believe that we will hear more and more of them in the future.

About CAPEX.com

Anchored by a global presence and regional expertise, CAPEX.com is a multi-licensed and multi-product company that holds operating licenses from CySEC, ADGM, FSCA, and FSA.

Visit www.capex.com and follow CAPEX.com on Twitter, LinkedIn, Facebook, and Instagram for more details and insights.