CryptoCom, the Singapore-based crypto platform, continues its licensing moves for virtual assets in Dubai.
CryptoCom, one of the popular crypto platforms, reported that it has obtained the minimum valid product (MVP) Foundation License from Dubai’s Virtual Assets Regulatory Authority (VARA). CrpytoCom announced on Monday that it has taken an important step forward for virtual assets. When the MVP license is examined, it consists of a temporary permit, a preparatory license and an operating license. For the MVP license, which consists of three stages, CryptoCom seems to have reached the second stage in this process.
CryptoCom Continues Undergraduate Studies in Dubai
The giant company, which was prepared by Dubai’s Virtual Assets Regulatory Authority, has put a smile on the face of platform users. CryptoCom, which is operationally licensed, emphasized that some of the crypto services it offers will be changed. Providing examples of activities to be revised, CryptoCom discussed the issues of crypto exchange services, commissions, leveraged transactions and agreements.
Continuing its upward momentum, the crypto market is advancing “even more receptively” upon such positive news. FUD news, which has been going on for a while, has left its place to positive news for now.
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