Matrix Exchange receives In-Principle Approval from Abu Dhabi Global Market

Abu Dhabi-based crypto asset exchange, <a href="https://matrix.co/" rel="noopener ugc nofollow" target="_blank">Matrix</a> Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a crypto asset exchange and custodian in ADGM. <img alt="" src="https://miro.medium.com/v2/resize:fit:700/1*i2dJJ39gI0b7oqslhai99g.png" style="height:389px; width:700px" /> The United Arab Emirates keeps embracing and regulating blockchain & crypto assets into its financial system. ADGM was first in the Middle East and Africa region to establish and launch a fully operational and regulated crypto-asset framework and regime in June 2018. The ADGM business friendly and well-regulated ecosystem continues to attract more and global digital assets investors, blockchain technology companies and other related financial institutions to the UAE. <a href="https://dfg-official.medium.com/matrix-exchange-receives-in-principle-approval-from-abu-dhabi-global-market-c268f5dd8737">Read More</a>