Capital Vault Secures UAE License for Spot Crypto Services
Capital.com, a trading platform and contracts for difference (CFD) broker, is set to offer spot crypto 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.
This is different from Capital.com's CFDs, which provide price exposure without ownership of the underlying crypto.
Capital Vault operates as a separate regulated entity with its governance, custody, and risk arrangements separated from Capital.com's other businesses.