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Coin Edition 2025-05-30 02:15:00

XBTO Granted Full Financial Services Permission by Abu Dhabi’s FSRA

XBTO Granted Full Financial Services Permission by Abu Dhabi’s FSRA

XBTO receives full 3A license from ADGM, enabling regulated services across the UAE. Approval supports XBTO’s MENA expansion and upcoming UK regulatory entry. XBTO joins Hub71 cohort, advancing blockchain education and regional collaboration. XBTO, a platform focused on institutional digital assets, obtained full regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), allowing the institutional digital asset platform to expand its services across the United Arab Emirates. The approval grants XBTO a Financial Services Permission (FSP) under the 3A license category, which follows an earlier in-principle approval (IPA) issued in September 2024. The full FSP means XBTO can now operate a full range of financial activities both within and from the ADGM. These services include custody of digital assets, matched principal trading, providing investment advisory, and arranging investment deals. With this license, XBTO is now authorized to act as a regulated counterparty to key institutional clients in the region, such as sovereign wealth funds, regional banks, and family offices. This approval aligns with ADGM… The post XBTO Granted Full Financial Services Permission by Abu Dhabi’s FSRA appeared first on Coin Edition .

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