QCP Granted In-Principle Approval in Abu Dhabi Global Market | Altcoin Holder

QCP Granted In-Principle Approval in Abu Dhabi Global Market

Singapore's QCP Capital, a crypto options trading desk, receives preliminary approval from ADGM to conduct regulated activities, marking its Middle East expansion. With nearly $60 billion in crypto derivatives trading volume last year, QCP aims to be the first Singapore-based digital-asset market maker and broker dealer with ADGM's approval. Plans include relocating some employees to Abu Dhabi upon full licensing.