Prime broker LTP receives in-principle approval from Dubai Virtual Assets Regulatory Authority
Foresight News reported that global institutional prime broker LTP announced that its Dubai subsidiary, Liquidity Fintech FZE, has received an In-Principle Approval (IPA) for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). LTP stated that this approval will enable LTP to further expand its regulated business footprint in the UAE, provide virtual asset brokerage services through Liquidity Fintech FZE, and become a regional hub for qualified and institutional investors in the Middle East.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CoreWeave (CRWV.US) to raise at least $4 billion after raising revenue guidance: AI computing power provider begins credit leap from "junk" to "investment grade"
AI computing power provider CoreWeave (CRWV.US), after raising its annual sales forecast and alleviating investor concerns about its heavily debt-laden business model, plans to raise at least $4 billion through an investment-grade loan.
MSCI Drops Strategy From Its US Index: Will $2.8 Billion in Forced Selling Hit MSTR?
Crypto prices
More
