{"id":83162,"date":"2023-08-16T17:12:52","date_gmt":"2023-08-16T14:12:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=83162"},"modified":"2025-09-12T09:28:10","modified_gmt":"2025-09-12T06:28:10","slug":"abu-dhabi-regulator-approves-m2-to-offer-crypto-services","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/abu-dhabi-regulator-approves-m2-to-offer-crypto-services\/","title":{"rendered":"Abu Dhabi regulator approves M2 to offer crypto services"},"content":{"rendered":"<p><span data-descr=\"The Abu Dhabi Financial Services Regulatory Authority within the emirate's Department of Global Markets (ADGM)\" class=\"old_tooltip\">FSRA<\/span> issued a licence to the Abu Dhabi-based (UAE) platform M2 to provide services related to virtual assets.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"966\" height=\"1024\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/image-519-966x1024.png\" alt=\"image-519\" class=\"wp-image-213761\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/image-519-966x1024.png 966w, https:\/\/forklog.com\/wp-content\/uploads\/image-519-283x300.png 283w, https:\/\/forklog.com\/wp-content\/uploads\/image-519-768x814.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/image-519.png 1198w\" sizes=\"auto, (max-width: 966px) 100vw, 966px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/twitter.com\/ADGlobalMarket\/status\/1691744469018706230\">X<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>The company obtained a licence for a multilateral trading venue.<\/p>\n<p>By year-end, M2 will provide access to buying, selling and custody of cryptocurrencies for retail and institutional clients.<\/p>\n<p>After launch, the platform will list fiat-paired trading pairs, and broaden its product lineup to include derivatives and yield-generating services.<\/p>\n<p>FSRA began developing rules for digital-asset market participants in 2018.<\/p>\n<p>In November 2022, the regulator&#8217;s licence<a href=\"https:\/\/forklog.com\/en\/news\/abu-dhabi-regulator-authorises-binance-to-provide-custodial-services\"> was granted to Binance<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FSRA granted the Abu Dhabi-based platform M2 a licence to provide virtual-asset-related services.<\/p>\n","protected":false},"author":1,"featured_media":83163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1646,1166,36],"class_list":["post-83162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-abu-dhabi","tag-centralized-exchanges-cex","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=83162"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83162\/revisions"}],"predecessor-version":[{"id":83164,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83162\/revisions\/83164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/83163"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=83162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=83162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=83162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}