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TRES OTC DMCC

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TRES OTC DMCC
File:Tres-UAE.png
RWVW Limited Liability Company
ISIN🆔
IndustryCryptocurrency Transactions
Founded 📆2021
Founder 👔
Headquarters 🏙️Almas Tower, Dubai, UAE
Area served 🗺️
Worldwide
Key people
Saif Al Mansouri (CEO)
Dmitry Krasnogor (Managing Director)
ServicesOperations with cryptocurrency (buying and selling)
Members
Number of employees
🌐 Websitetresotc.ae
📇 Address
📞 telephone

TRES OTC DMCC is a company registered in the United Arab Emirates, which received the first license issued to carry out legal activities when conducting transactions with cryptocurrencies in the UAE.[1] The company considers both legal entities and individuals who prefer the reliability and security of transactions involving cryptocurrency as its clients.

History

TRES OTC DMCC was established in 2021.

On 26 May 2021, the company was given a crypto assets trading license for making over-the-counter transactions with cryptocurrencies by Executive Chairman and CEO of DMCC Ahmed Bin Sulayem[2].[citation needed] It is the first crypto assets trading license issued in the country in order to develop the crypto industry in the United Arab Emirates.[3] Up to this point, cryptocurrency trading was not regulated, mandated, or recognised any ICO in the UAE officially[4].[citation needed]

References

  1. "TRES Approved by DMCC for OTC Trade License to Operate With Crypto". The News Crypto. Retrieved 20 July 2021.
  2. "UAE DMCC registers 50 crypto businesses". The Unlock Company DMCC. Retrieved 7 September 2021.
  3. "First OTC Trade License For Operations with Cryptocurrencies in the UAE". Tech Times LLC. Retrieved 28 July 2021.
  4. "Blockchain & Cryptocurrency Regulation" (PDF). Global Legal Group Ltd. Retrieved 1 Aug 2018.

External links


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