Singapore-based crypto trading firm QCP Group has received regulatory approval to operate in Abu Dhabi, marking an important step in its global expansion.
Why Abu Dhabi Matters for Global Crypto Regulation
In recent years, Abu Dhabi has made a strong push to attract digital asset companies. Its regulators were among the first to introduce a full legal framework for virtual assets back in 2018. Since then, the emirate has positioned itself as a global destination for exchanges, custodians, and token projects by offering clear rules and tax-friendly policies.
QCP Group Strengthens Liquidity Between Asia and Middle East
Getting licensed in Abu Dhabi is not easy. Companies must pass strict compliance checks, pay high fees, and meet demanding standards on governance and cybersecurity. By completing this process, QCP not only expands its global footprint but also strengthens its standing with institutional investors.
Building Toward a Regulated Future in Crypto Trading
Arvind Ramamurthy, Chief Market Development Officer at ADGM, welcomed QCP’s arrival, emphasizing that their focus on compliance and innovation aligns with the emirate’s long-term vision for digital assets. This license opens the door to new clients and stronger partnerships for QCP.
The acquisition of the license by QCP Group in Abu Dhabi emphasizes the region's importance as a strategic hub for companies operating in the crypto industry. With increasing oversight from global regulators, Abu Dhabi is set to become a key destination for responsible expansion in this sector.
