Capital.com, a trading platform and CFD broker, plans to offer spot crypto services to clients in the United Arab Emirates. Its affiliate, Capital Vault, secured a virtual-asset license from the UAE’s Capital Market Authority. The license allows Capital Vault to deal in virtual assets as an agent or matching principal and provide custody on behalf of clients. Once the service goes live, UAE clients will be able to buy and hold actual crypto through the Capital.com app, with Capital Vault providing execution, custody and settlement. Capital Vault operates as a separate regulated entity, with its governance, custody and risk arrangements separated from Capital.com’s other businesses.
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