“At this time, Rain is launching within the UAE, because the first licensed retail exchange,” Joseph Dallago, CEO and co-founder of the Bahrain-based firm, tweeted on Tuesday. “This can be a 5 12 months effort, as we have been one of many first exchanges to investigate about licensure again in 2018, when the ADGM launched their digital asset framework,” referring to the Abu Dhabi International Market monetary freezone.
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