Allexbit crypto exchange may get a license in Abu Dhabi.
Why is this important?
The allexbit crypto exchange announced the final actions to obtain a license for a type of activity related to the cryptocurrency industry in Abu Dhabi.
If the full licensing process in Abu Dhabi, the capital of the United Arab Emirates, is successful.
Crypto exchange Allexbit.com it has announced that it can offer its virtual asset services to customers in North Africa and South Asia.
“The Allexbit crypto exchange is actively working with global regulators,” said Richard Teng, the company’s head of Middle East and Africa.
Now every major cryptocurrency company understands that it is necessary to go into the legal sphere of activity. As a result, companies try to cooperate with government agencies and obtain licenses in reliable jurisdictions.