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Crypto.com Entity Obtains In-Principle Approval for Stored Value Facilities in the UAE

DATE POSTED:October 13, 2025
Foris DAX Middle East FZ-LLC (trading as Crypto.com) announced that it has received In-Principle Approval (IPA) from the Central Bank of the United Arab Emirates (CBUAE) for a Stored Value Facilities (SVF) license, claiming it becomes the “first” Virtual Asset Service Provider (VASP) in the... Read More