Capital.com Affiliate Wins UAE Licence for Spot Crypto Services

Capital.com, a trading platform best known for contracts for difference and other leveraged products, is expanding its digital-asset offering in the United Arab Emirates through affiliate Capital Vault. Regulatory approval gives the group a route into spot cryptocurrency trading, allowing customers to own the underlying assets rather than gain exposure solely through derivatives, while bringing brokerage and custody under a licensed framework.

Capital Vault has secured a virtual-asset licence from the UAE’s capital-markets regulator, authorising it to provide brokerage and custody services. Capital.com plans to use the approval to offer spot crypto products to UAE customers, who will be able to buy and hold digital assets directly through its app. The announcement did not specify a launch date, the cryptocurrencies to be supported or any financial terms.