Animoca Brands secures fund management approval in Abu Dhabi

Animoca Brands has secured in-principle approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi to establish a fund management business, marking a significant advancement in its regulatory strategy within the UAE's cryptocurrency sector. This approval allows the company to pursue a fund management license, enhancing its operational capabilities in the region.

Animoca Brands has received initial approval from the Financial Services Regulatory Authority in Abu Dhabi to operate a regulated fund, marking a significant milestone in its expansion within the UAE's cryptocurrency sector. This approval allows the company to pursue a fund management license, enhancing its regulatory compliance and operational capabilities.

Animoca Brands has received in-principle approval to operate as a fund manager in Abu Dhabi, marking a significant step in its regulatory strategy within the cryptocurrency sector. This early approval allows the company to pursue a fund management license, aligning with its goals for expansion in the region.

The UAE and China have successfully completed a significant transaction using digital dirhams, marking a pivotal moment in the adoption of digital currencies in international trade. This transaction highlights the growing collaboration between the two nations in the cryptocurrency sector, with Sheikh Mansour emphasizing the importance of innovation in financial transactions.