Dubai, which has become the center of technological developments and new technology initiatives, Crypto also leads the money trade when the approach of states is the subject. With its investments in crypto-money technologies and blockchain technologies, the city is now preparing to open the state-licensed crypto-money market.
Dubai-based gold investment company Regal RA DMCC received a state-licensed crypto-money exchange license. The company received a stock exchange license on condition that the crypto money from the Dubai Securities Center be kept cold in Almas Tower in Dubai. The building also houses the management office of the Dubai Securities Center.
As Gerhard Schubert, chairman of Regal Assets, stated, DMCC is a free zone where the state can license a single crypto asset licensed by the state in the middle east.
In the statement made; crypto notes that the company had previously owned and stocked gold stocks in cold stores alongside the store, and that it was insured against all kinds of theft, hackers and natural disasters.
Tyler Gallager, CEO of Regal Assets, recently reported that hacking incidents in the crypto stock exchanges worry investors to keep their crypto money in their wallets and stock exchanges for circulation, what we have developed is the most reliable way to invest in crypto parallels and I believe that investors would prefer Regal Assets’ .
The company statement, stating that all off-exchange private keys will be printed in a private secure room and kept in cold storage, also says that Regal Assets customers will be able to do crypto money buying and selling transactions whenever they want.Tags: cyrpto dubai gold investment license market money