BurjX receives approval in principle from Abu Dhabi Global Market’s Financial Services Regulatory Authority

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According to ChainCatcher, citing Chainwire, the digital asset broker BurjX has received a Principles of Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

Reports indicate that BurjX was co-founded by Omar Abbas, co-founder of the Canadian cryptocurrency exchange NDAX, and Adam Ferris, a former Goldman Sachs executive. The company plans to launch a comprehensive digital asset trading and custody solution later this year.

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