Sygnum, a Swiss digital asset bank, has gained in-principle clearance from the @adglobalmarket’s Financial Services Regulatory Authority (FSRA) to extend its activities in the #UAE capital, capitalizing on the region’s growing demand for cryptocurrencies.

Sygnum’s new Middle East center will provide the local market with a crypto-native suite of digital asset banking, asset management, tokenisation, and #B2B banking services that are regulated by #Switzerland’s financial market supervisory authority (Finma), according to a statement issued on Wednesday.

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