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eToro M2 win AGDM crypto licenses to operate in UAE financial center
Published: 2023-11-28
1. Licensing of eToro and M2 AGDM in UAE financial center In this article,the main topic highlighted is the recent licensing of eToro and M2 AGDM in the UAE financial center. The UAE has been making significant strides in embracing digital assets and blockchain technology,and the licensing of these two prominent companies is a reflection of this growing acceptance. The UAE financial center aims to position itself as a leading hub for cryptocurrency and digital asset investment,and these licenses demonstrate their commitment to achieving this goal.
2. Regulatory framework and investor protection Another key topic discussed in the article is the regulatory framework and investor protection measures implemented by the UAE financial center. The licensing process undertaken by eToro and M2 AGDM indicates the existence of a comprehensive regulatory framework that ensures the protection of investors' interests. This regulatory approach is crucial in fostering trust and confidence in the digital asset industry,attracting more investors and businesses to the region.
3. Implications for the cryptocurrency industry and market growth The licensing of eToro and M2 AGDM in the UAE financial center has significant implications for the cryptocurrency industry and market growth. The decision to grant these licenses not only reinforces the legitimacy of the digital asset sector but also bolsters market sentiment and confidence. The inclusion of prominent companies like eToro and M2 AGDM in the UAE financial center provides a clear signal to other industry players that the UAE is a favorable destination for cryptocurrency activities. This move is expected to attract more institutional investors and potentially drive further market growth. Overall,this article highlights the recent licensing of eToro and M2 AGDM in the UAE financial center,emphasizes the regulatory framework and investor protection measures implemented in the region,and discusses the implications of these developments for the cryptocurrency industry and market growth.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,053.50 | 2,202,850,242.50 |
| 2 | BTC |
61,001.06 | 810,955,735.62 |
| 3 | ETH |
2,920.80 | 397,237,506.73 |
| 4 | SOL |
146.05 | 288,841,543.16 |
| 5 | PEPE |
<0.01 | 239,703,017.97 |
| 6 | WIF |
3.01 | 116,142,010.54 |
| 7 | WLD |
5.80 | 107,670,841.83 |
| 8 | RNDR |
11.03 | 85,336,487.05 |
| 9 | DOGE |
0.14 | 66,361,355.21 |
| 10 | BOME |
0.01 | 65,046,174.31 |
| 11 | RUNE |
5.91 | 64,219,952.52 |
| 12 | NEAR |
7.02 | 61,022,626.96 |
| 13 | TNSR |
0.98 | 55,843,686.24 |
| 14 | XRP |
0.51 | 49,819,357.74 |
| 15 | JTO |
4.13 | 45,866,056.74 |
| 16 | ENA |
0.84 | 44,909,101.23 |
| 17 | AVAX |
33.65 | 39,362,890.67 |
| 18 | ARKM |
2.55 | 37,655,339.52 |
| 19 | AR |
41.02 | 36,563,956.06 |
| 20 | UMA |
3.88 | 36,447,251.13 |
| 21 | FTM |
0.72 | 35,923,979.16 |
| 22 | BONK |
<0.01 | 34,414,603.21 |
| 23 | PEOPLE |
0.03 | 31,324,321.15 |
| 24 | ORDI |
36.30 | 28,027,417.85 |
| 25 | USTC |
0.02 | 25,726,739.15 |
| 26 | FLOKI |
<0.01 | 24,959,882.17 |
| 27 | INJ |
23.85 | 24,249,495.80 |
| 28 | ETHFI |
3.63 | 24,186,061.44 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 |  HIVE |
0.37 | +20.52 |
| 2 | TNSR |
0.98 | +15.78 |
| 3 |  ARPA |
0.07 | +12.96 |
| 4 | USTC |
0.02 | +8.27 |
| 5 |  MOVR |
16.14 | +8.08 |
| 6 | PEOPLE |
0.03 | +6.98 |
| 7 |  PORTAL |
0.81 | +6.89 |
| 8 |  RARE |
0.13 | +6.46 |
| 9 | UMA |
3.88 | +6.42 |
| 10 |  XVG |
<0.01 | +6.37 |
| 11 |  AERGO |
0.13 | +6.32 |
| 12 |  BAR |
2.50 | +4.82 |
| 13 | WLD |
5.80 | +4.81 |
| 14 |  AI |
1.16 | +4.80 |
| 15 |  IMX |
2.28 | +4.43 |
| 16 |  GAL |
3.30 | +3.77 |
| 17 |  GMX |
29.15 | +3.70 |
| 18 |  IQ |
<0.01 | +3.44 |
| 19 |  RLC |
3.41 | +3.27 |
| 20 |  OM |
0.71 | +2.99 |
| 21 | BOME |
0.01 | +2.96 |
| 22 |  CTK |
0.68 | +2.68 |
| 23 |  RPL |
19.52 | +2.52 |
| 24 |  VITE |
0.02 | +2.36 |
| 25 |  HIFI |
0.80 | +2.34 |
| 26 |  POND |
0.02 | +2.32 |
| 27 |  IOTX |
0.05 | +2.28 |
| 28 |  XAI |
0.64 | +2.21 |
| 29 |  LOOM |
0.08 | +2.18 |
| 30 |  1000SATS |
<0.01 | +2.12 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  QI |
0.02 | -8.47 |
| 2 |  ARK |
0.82 | -7.79 |
| 3 |  CITY |
3.33 | -6.33 |
| 4 |  AXL |
1.03 | -6.10 |
| 5 |  GLM |
0.55 | -4.67 |
| 6 |  REZ |
0.14 | -4.32 |
| 7 | ARKM |
2.55 | -4.11 |
| 8 |  MBOX |
0.35 | -3.98 |
| 9 |  BEL |
0.87 | -3.97 |
| 10 |  NTRN |
0.67 | -3.81 |
| 11 |  RVN |
0.03 | -3.69 |
| 12 |  BADGER |
4.22 | -3.65 |
| 13 |  AKRO |
<0.01 | -3.63 |
| 14 |  LSK |
1.84 | -3.62 |
| 15 |  SSV |
35.21 | -3.61 |
| 16 | INJ |
23.85 | -3.48 |
| 17 |  REN |
0.06 | -3.43 |
| 18 |  TFUEL |
0.10 | -3.24 |
| 19 |  UTK |
0.08 | -3.17 |
| 20 |  SANTOS |
6.02 | -3.14 |
| 21 |  OAX |
0.22 | -3.10 |
| 22 |  ATA |
0.17 | -3.10 |
| 23 |  DAR |
0.14 | -3.06 |
| 24 |  CHZ |
0.12 | -3.06 |
| 25 |  LAZIO |
2.68 | -2.97 |
| 26 |  C98 |
0.26 | -2.91 |
| 27 |  ACE |
5.12 | -2.90 |
| 28 |  ACH |
0.03 | -2.85 |
| 29 |  XEM |
0.04 | -2.84 |
| 30 |  FLUX |
0.85 | -2.84 |
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