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BurjX Clears Regulatory Hurdle: FSRA Green Light Paired With Fireblocks Armor
BurjX Clears Regulatory Hurdle: FSRA Green Light Paired With Fireblocks Armor
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Dubai’s crypto scene just got a heavyweight contender. BurjX—the emirate’s homegrown digital asset exchange—scored in-principle approval from the Financial Services Regulatory Authority (FSRA), a rare nod in the region’s tightly controlled markets.
Security upgrade: The platform quietly integrated Fireblocks’ institutional-grade custody tech, signaling ambitions beyond retail traders. Because nothing says ’trust us’ like borrowing Wall Street’s vaults.
Watch the compliance dance: While the FSRA stamp doesn’t guarantee final approval, it’s a calculated bet on Dubai’s crypto future—or at least a play for the ’regulated’ marketing buzz that still moves the needle in this wild west industry.
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