Crypto.com receives preliminary payment license from UAE Central Bank

Foris DAX Middle East, trading as Crypto. com, has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities (SVF) license which will allow it to provide digital payment services for Dubai government fees in UAE Dirham or UAE Dirham-backed stablecoins. Once the final license is granted, the company […] source: https://www.cryptopolitan.com/crypto-com-payment-license-uae-central-bank/