GCEX: Opens Dubai office

GCEX: Opens Dubai office

  • GCEX is an advanced digital asset and currencies technology solution for institutional and professional clients
  • Expanding into the MENA region with the opening of a Dubai office and the appointment of the former Regional Director of CFH Turkey
  • Launch in Dubai follows on from the firm being granted provisional regulatory approval by the Virtual Assets Regulatory Authority in Dubai
  • The firm is now in the process of applying for a license, in accordance with VARA requirements
  • Enables brokers, funds, and professional traders to access deep liquidity in digital assets and also offers a range of technology solutions
  • Dubai’s VARA has been actively developing progressive parameters to enable a highly selective list of global participants
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...