Capital.com Eyes UAE Spot Crypto Launch Following License Approval

Capital.com has announced plans to introduce spot cryptocurrency services in the United Arab Emirates (UAE) following its affiliate, Capital Vault's, receipt of a virtual asset license from the UAE Capital Market Authority.

The license granted to Capital Vault covers virtual asset dealing, matching, custody, execution, and settlement. This new development will enable eligible UAE customers to buy and hold actual crypto assets through the Capital.com application directly.

Capital Vault will operate separately from Capital.com, with dedicated governance, custody, and risk management arrangements for clients. The planned spot service differs from CFDs (Contracts for Difference) provided by Capital.com, which offer exposure without ownership of underlying cryptocurrencies.