UAE's Emirates Investment Currency Obtains First Virtual Assets License
Pioneering step towards enhanced security and accessibility in digital finance.
Emirates Investment Currency LLC has made history by becoming the first company in the United Arab Emirates to receive a license from the Securities and Commodities Authority (SCA) to offer fully regulated virtual asset services.
This achievement marks a significant milestone in the UAE's financial landscape, heralding a new era of smarter, safer, and more inclusive opportunities for investors at all levels.
With its regulatory approval, Emirates Investment Currency is poised to launch a cutting-edge investment platform that seamlessly integrates digital assets with traditional finance through a mobile application.
Users will soon be able to trade virtual assets, invest in local and international stocks, purchase goods, and access expert-managed portfolios with transparency and confidence.
Yassin Arafat, Chief Operating Officer of Emirates Investment Currency, emphasized the importance of this moment, stating, "We are building a secure bridge between traditional and new finance.
With the vision of the Securities and Commodities Authority, Emirates Investment Currency provides ordinary investors with the tools to take control of their financial future with clarity, compliance, and confidence.
The future of finance is tokenization, decentralization, and inclusivity, and Emirates Investment Currency is leading the way."
The platform is designed to streamline and simplify the complexities associated with disparate platforms and unregulated service providers.
Whether investing in cryptocurrencies, global equities, or managed funds, Emirates Investment Currency aims to consolidate all these features into a singular secure and expert-supported experience.
Currently, Emirates Investment Currency is working closely with the SCA to introduce regulated initial coin offerings (ICOs), opening innovative avenues for companies to raise capital and for investors to access previously unavailable opportunities.
These advancements bolster the UAE's position as a forward-looking global hub for digital finance.
Empowered by advanced technology and strategic partnerships, Emirates Investment Currency is redefining how individuals and businesses interact with financial markets, from Abu Dhabi to the world.
Built on strong regulatory foundations, the platform aspires to create a trustworthy ecosystem that empowers investors across various sectors.
Emirates Investment Currency LLC is a UAE-based company specializing in digital assets and is the first to obtain a license from the Securities and Commodities Authority for providing virtual asset services.
The company aims to establish a secure, inclusive, and advanced financial system that connects users with traditional investments and digital opportunities under a regulated platform.