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BTCC / BTCC Square / Global Cryptocurrency /
BurjX Secures In-Principle Approval from ADGM’s Financial Services Regulatory Authority

BurjX Secures In-Principle Approval from ADGM’s Financial Services Regulatory Authority

Author:
Global Cryptocurrency
Published:
2025-05-06 11:11:01
15
1

BurjX, a UAE-based digital asset brokerage, has obtained In-Principle Approval (IPA) from Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA). This regulatory milestone paves the way for BurjX to secure a Financial Services Permission (FSP), positioning it as a fully regulated, institutional-grade trading and custody platform in the MENA region.

ADGM, known for pioneering the world’s first comprehensive virtual asset regulatory framework, has endorsed BurjX’s commitment to trust, transparency, and institutional adoption. The platform aims to deliver professional-grade trading and bank-grade security, signaling a transformative phase for crypto in MENA.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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