Capital.com Brings Spot Crypto Trading to UAE Clients

Capital.com is expanding its services in the UAE by offering spot crypto trading through its affiliate Capital Vault. The virtual-asset license from the CMA allows Capital Vault to deal in virtual assets, provide custody on behalf of clients, and operate as a separate regulated entity with its own governance and risk arrangements.

Once the service goes live, UAE clients will be able to buy and hold actual crypto through the Capital.com app. This is distinct from CFDs, which provide price exposure without ownership of the underlying asset.

The approval follows the CMA's introduction of a virtual-asset regulatory framework in April, which expanded the number of regulated activities from three to eight. The framework includes requirements for business conduct, alternative trading systems, anti-money laundering controls, and prudential standards.