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Alpaca Wins In-Principle Approval from ADGM's FSRA for UAE Expansion
Original: Alpaca Secures In-Principle Approval from ADGM's FSRA to Expand Brokerage Infrastructure in the UAE
Brokerage infrastructure firm Alpaca has received in-principle approval from Abu Dhabi Global Market's Financial Services Regulatory Authority, allowing it to expand its brokerage services in the UAE. The approval marks a step for the company into the Middle East market, enabling it to build out trading and investment infrastructure for clients operating from Abu Dhabi's international financial centre.
Why now: The regulatory green light signals growing international fintech interest in Abu Dhabi's financial hub.
Evidence
- Alpaca Secures In-Principle Approval from ADGM's FSRA to Expand Brokerage Infrastructure in the UAE · Yahoo Finance
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