Crypto options trading platform QCP Capital has received initial permission to operate in Abu Dhabi.
QCP, one of the largest cryptocurrency options trading firms, has accumulated $60 billion in cryptocurrency derivatives trading volume through 2023. The firm has around 70 staff, some of whom will be relocated to Abu Dhabi once QCP receives full regulatory approval
According to a Bloomberg report, QCP Capital has received in-principle approval from the Financial Services Authority Abu Dhabi Global Markets (ADGM) for its regulated digital asset business.
QCP, one of the largest cryptocurrency options trading firms, has accumulated $60 billion in cryptocurrency derivatives trading volume through 2023. The firm has around 70 staff, some of whom will be relocated to Abu Dhabi once QCP receives full regulatory approval.
