Alpaca Middle East wins preliminary FSRA approval in Abu Dhabi
- —IPA is not a licence: regulated activity in ADGM is barred until approval
- —Alpaca Middle East plans brokerage and virtual asset custody services
- —Alpaca is a US-licensed broker and tokenized-equity infrastructure provider
Why it matters: Alpaca's Middle East expansion intensifies competition for institutional crypto custody in the UAE.
Source: ChainCatcher 链捕手