Capital.com Affiliate Secures UAE License for Spot Crypto Services

Capital.com is expanding its services in the UAE after its affiliate, Capital Vault, secured a virtual-asset license from the country's Capital Market Authority (CMA).

The license allows Capital Vault to deal in virtual assets as an agent or matching principal and provide custody on behalf of clients.

UAE clients will soon be able to buy and hold actual crypto through the Capital.com app, with Capital Vault providing execution, custody, and settlement. This differs from Capital.com's CFDs, which provide price exposure without ownership of the underlying crypto.