Crypto Businesses at DMCC in Dubai
The Dubai Multi Commodities Centre "DMCC" has entered into an MoU with the Securities and Commodities Authority (SCA) to establish a regulatory framework for businesses planning to launch a crypto asset entity in DMCC, Dubai.
Thus, businesses planning to deal with crypto assets or companies already in the similar business overseas, will benefit from specific licenses offered by the DMCC Crypto Centre to setup in Dubai.
The licensing approval will be from the SCA.
The SCA will therefore regulate the crypto activities as per the regulatory framework.
How Fintech & Innovation Ltd can help?
Crypto Asset entity registration in the DMCC
Submission of application and business plan
BaaS - Banking as a Service
Full fledge payment platform including e-wallet for FIAT & Crypto
Client onboarding including an integrated Online KYC verification & approval
Prepaid Debit Card program for payouts