Billionaire Michael Platt’s private investment firm, BlueCrest Capital Management, has obtained full regulatory authorization from the Dubai Financial Services Authority (DFSA). This approval allows the firm to hire traders and manage capital from Dubai, a city that has increasingly become a hub for money managers in recent years. According to sources familiar with the situation,...
XTB, a global fintech company, has announced the opening of its new office in One Central (Offices 5) at the Dubai World Trade Centre. This expansion is a significant move for XTB as it aims to enhance its services for investors in the Middle East. The opening coincides with recent regulatory milestones, including the new...
The Dubai Financial Services Authority (DFSA) has announced the opening of its Tokenisation Regulatory Sandbox, inviting firms to express their interest in participating. This initiative aims to support companies looking to offer tokenised investment products and services within the Dubai International Financial Centre (DIFC). Firms have until April 24 to submit their Expressions of Interest....