Capital.com Affiliate Wins UAE License to Offer Spot Crypto Services

Capital.com's affiliate, Capital Vault, has secured a virtual-asset license from the UAE Capital Market Authority (CMA) to offer spot crypto services in the country. This move marks a significant shift for the company, which is best known for offering leveraged CFD trading.

The license authorizes Capital Vault to deal in virtual assets as an agent or matching principal and provide custody on behalf of clients. This allows the affiliate to hold client crypto directly rather than relying on a third party.

UAE clients will be able to buy and hold actual crypto through the Capital.com app, with Capital Vault providing execution, custody, and settlement. The new service is expected to be a key player in the region's growing spot digital-asset market.