Abu Dhabi Grants Crypto License to M2 Aims for Global Hub Status!

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Abu Dhabi has granted a license to virtual asset firm M2 to offer crypto services, marking a significant step in the country’s plans to establish itself as a global hub for digital currency. M2 will now be able to provide digital asset trading, custody, and financing activities to its clients. The move is a part of Abu Dhabi’s efforts to accelerate fintech growth and cement its position as a leader in the crypto industry. The UAE capital has been actively investing in blockchain and crypto technology in recent years, with a view to driving economic diversification and boosting employment.