FTX opened a branch in Japan, and Crypto.COM received a license in Dubai

FTX cryptocurrency exchange announced the launch of FTX Japan – customer service units in Japan.

According to the press release, Sam Bankman-Frida renamed the previously acquired Liquid exchange in FTX Japan K.K. The latter has a license of a service provider for the exchange of digital assets and a permit for doing business in the field of financial instruments from FSA .

The headquarters of the new unit is located in The most anticipated Tokyo. Bankman-Fried became its interim general director.

The company noted that the launch of FTX Japan will allow customers to provide a wide range of products and services in Japan, including exporting trade and derivatives with derivatives. The platform also supports the deposit and withdrawal of funds in the yen.

Another cryptocurrency platform also announced the entry into the new market – Crypto.Com. She received a conditional license of the Virtual assets supplier from Vara . The company noted that the approval of the regulator will allow customers in Dubai a complete set of services.

https: // t.CO/VCNZTABJOG IS Proud to announce it has for provisional approvisal of its Virtual Asset MVP License From The Dubai Virtual Assets Regulatory Authority (VARA)

The company noted that Vara issued a conditional license when Crypto.COM has provided documents confirming its compliance with regulatory requirements.

After a head check by the department and obtaining a full Crypto license.COM intends to expand the product line in the region by launching new services for qualified investors.

Recall that in May, Binance shared plans for the launch of an adjustable crypto -tank in the Middle East. The base for the platform will be licenses received in Dubai and Bahrain.