Bitcoin Magazine Robinhood Wins Dubai License to Bring Bitcoin and Stock Trading to the Middle East in 2027
Robinhood Markets has received authorization from the Dubai Financial Services Authority (DFSA) to offer retail trading and custody across 10 asset classes, including bitcoin and other cryptocurrencies, equities, ETFs and investment tokens, the company said in a statement on Wednesday.
The platform is set to go live in the region in 2027 from a new hub in the Dubai International Financial Centre (DIFC), a special economic zone that will serve as the firm’s Middle East and North Africa headquarters.
Salah Kaddoura has been named senior executive officer and president of Robinhood MENA. The title is a DFSA-recognized role, which makes him the person regulators will call. He will build out the Dubai team ahead of launch.
Source: Bitcoin Magazine
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