Regal RA DMCC Now Officially Licensed to Trade in Dubai

regal RA dmcc Regal RA DMCC is the new name in town and we have telling you here all along.

From the press release:

UAE’s Largest Free Economic Zone Issues License to Cryptocurrency Firm Regal RA. The first license for the Free Zone has gone to  Regal Assets, a gold trader and storage provider with offices in the US, Canada, and the now the UAE. The company added cryptocurrencies to its product line in end 2017, offering brokerage services and an insured, high-security cold storage service for bitcoin, ether, bitcoin cash, ethereum classic, ripple, and dash.

According to Bloomberg, “Dubai gold trader Regal RA DMCC is the first company in the Middle East to get a license to trade cryptocurrencies.” The news outlet quoted DMCC acknowledging in a statement, “The company will offer storage of bitcoin, ethereum and other cryptocurrencies in a vault located in DMCC headquarters in Almas Tower in Dubai.” Read more on Regal Assets here and find out why they are the new name in town for cryptocurrency.

The Dubai Multi Commodities Centre (DMCC) is a government entity established in 2002 to enhance commodity trade flows through Dubai. DMCC Free Zone is the largest and fastest growing free economic zone in the UAE.

“We perform a range of roles which continue to position Dubai as the preferred destination for global commodities trade and DMCC as the world’s No.1 Free Zone,” offering zero percent personal and corporate income tax, the center’s website states. Today, more than 14,100 multinational corporations and startups call DMCC home, with almost 90,000 people living and working there.

What does this mean for you?

Well, now you will be able to purchase all the top cryptos directly from Regal’s RA DMCC Dubai Location. To see the complete list of available cryptos that you can buy from Regal, you will need to visit their official website here.