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Premium Platform Launches to Securely Manage Digital Assets Amidst UAE’s Crypto Boom
- Changer.ae officially launches as the UAE’s sole regionally built, independent crypto custodian, ensuring advanced security measures.
- The platform introduces a user-friendly mobile application, providing easy access for global cryptocurrency investors via major app stores.
- Changer.ae plans Q1 2024 services expansion, allowing users to convert virtual assets into fiat currencies, complemented by a yet-to-be-disclosed strategic bank partnership.
Changer.ae Ltd has officially launched its premium independent crypto custodian service in the UAE. Dedicated to securing users’ virtual assets, recent reports show that the platform offers a reliable and convenient wallet for digital asset management. Regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), Changer.ae ensures compliance with safety, technology governance, and system control regulations.
In the forefront of cryptocurrency adoption in the MENA region, the UAE has established a robust and progressive regulatory environment. This strategic approach aims to attract global businesses, fostering investment and positive exposure in the burgeoning digital asset market.
Also Read:Â China and UAE Ink $400M CBDC Deal with 5-Year Memorandum Agreement
Changer.ae’s Distinctive Position and Features
Unique Positioning:
Changer.ae stands out as the only regionally built, independent custody provider in the UAE. The platform introduces a premium wallet with transparent, subscription-style monthly services. Early adopters stand to benefit from waived custody fees, a perk set to take effect in Q1 2024.
Platform Features:
Changer.ae’s user-friendly mobile application, available on major app stores, ensures easy access for global cryptocurrency investors. The platform prioritizes advanced security measures, employing encryption and multi-signature authorization to provide users with a safe and insured wallet.
Future Services and Nadeem Ladki’s Statement
Future Services and Expansion:
Changer.ae has strategic plans to introduce additional services in early Q1 2024. Upcoming features will empower users to convert virtual assets into fiat currencies and hold funds in escrow. The strategic bank partner for these services remains undisclosed.
Nadeem Ladki’s Statement:
Nadeem Ladki, Senior Executive Officer of Changer, expresses satisfaction with the global launch. He emphasizes Changer.ae’s commitment to being a leader in the digital asset space, contributing to innovation and economic growth in the UAE.
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