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Crypto.com

Crypto.com Receives In-Principle Approval for UAE SVF License

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Foris DAX Middle East, trading as Crypto.com, has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities (SVF) license. Once the final license is granted, the company will be able to provide digital payment services for Dubai Government fees in UAE dirhams or dirham-pegged stablecoins, through the […]

The post Crypto.com Receives In-Principle Approval for UAE SVF License appeared first on Fintechnews Middle East.

Crypto.com Gains Mastercard License to Launch Crypto Cards in Bahrain, GCC

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Crypto.com has secured a principal network license from Mastercard, allowing it to issue cards directly on the latter’s network. The collaboration will support the introduction of a new crypto-linked card programme, starting in Bahrain with plans to expand across the Gulf Cooperation Council (GCC) region. The programme will leverage Crypto.com’s recently acquired Payment Service Provider […]

The post Crypto.com Gains Mastercard License to Launch Crypto Cards in Bahrain, GCC appeared first on Fintechnews Middle East.

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