Dubai Gold Trader Earns First Cryptocurrency Trading License

A Dubai-based gold investment and trading firm has become the first company in the Middle East to receive a government-backed cryptocurrency trading license. Dubai gold trader Regal RA DMCC has received a trading license by the Dubai Multi Commodities Centre (DMCC), allowing the company store cryptocurrencies like Bitcoin, Ethereum and other altcoins in a “deep cold storage vault” located in Almas Tower, Dubai. The building houses the headquarters of the DMCC, a major global interconnected Free Zone and hub for commodities trading. “DMCC is the only Free Zone in the Middle East to have a government-issued license to trade in … Continue reading Dubai Gold Trader Earns First Cryptocurrency Trading License