QCP Group Secures Full License in Abu Dhabi: Expands Global Crypto Footprint
QCP Group Expands into the Middle East via Abu Dhabi License
Singapore-based QCP Group has officially entered the Middle East after securing a full operating license from Abu Dhabi’s Financial Services Regulatory Authority (FSRA), marking a significant milestone in its global expansion strategy.
QCP Group’s Strategic Move into Abu Dhabi
QCP Group, one of Asia’s most prominent digital asset trading firms, announced on Friday that it has obtained full regulatory approval to operate in the Abu Dhabi Global Market (ADGM). The license, issued by the FSRA, allows the company to conduct a wide range of activities, including spot and derivatives trading, market-making, and structured solutions for institutional and professional clients.
The development highlights QCP’s ambition to grow beyond its established base in Singapore and strengthen its global presence in one of the most rapidly growing hubs for cryptocurrency and digital finance. With this approval, QCP now joins an elite group of global digital asset firms that see the UAE—and Abu Dhabi in particular—as a cornerstone for the next phase of financial innovation.
The license adds to QCP’s existing credentials, including its Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). By expanding its regulatory footprint, QCP is signaling its intent to remain at the forefront of compliance while catering to growing institutional demand for digital asset services worldwide.
A Warm Welcome from Abu Dhabi Regulators
The Abu Dhabi Global Market has positioned itself as one of the most advanced international financial centers in the digital asset sector. Arvind Ramamurthy, Chief Market Development Officer at ADGM, welcomed QCP’s arrival, stating:
“We are excited to welcome QCP Group to ADGM’s vibrant international financial center. QCP’s commitment to regulatory compliance and innovative digital asset solutions fits perfectly with ADGM’s vision of building a trusted and dynamic financial ecosystem. As we continue to attract top financial institutions, our goal remains to enhance global connectivity and foster sustainable economic growth in the region.”
QCP’s expansion reflects Abu Dhabi’s strategy of becoming a magnet for the world’s most forward-thinking crypto and blockchain businesses. The UAE capital has steadily built its reputation by combining robust regulation with a pro-business environment, attracting both startups and established firms to set up operations in the region.
UAE’s Role as a Digital Asset Powerhouse
Over the last five years, the United Arab Emirates has transformed into a global hub for cryptocurrencies and blockchain technology, thanks to its combination of tax incentives, advanced infrastructure, and clear regulatory frameworks. Dubai, Abu Dhabi, and emerging hubs like Ras Al Khaimah and Sharjah have all played key roles in attracting high-net-worth individuals, crypto funds, and blockchain entrepreneurs.
Dubai’s International Financial Centre (DIFC) was among the first in the world to introduce a virtual asset framework in 2018, creating regulatory clarity in licensing, custody, and trading. Abu Dhabi, meanwhile, has focused on building a reputation as a center for institutional-grade crypto services, supported by the FSRA’s rigorous oversight.
As a result, wealthy crypto investors, family offices, and institutional firms are increasingly relocating to the UAE, with both Dubai and Abu Dhabi emerging as safe havens for those looking to combine lifestyle benefits with regulatory certainty.
QCP Group’s Global Ambitions
Founded in Singapore, QCP has grown rapidly to become a key player in digital asset trading, derivatives, and structured financial products. Its platform is particularly known for offering innovative trading solutions to institutional clients, including hedge funds, asset managers, and family offices.
Darius Sit, Founder of QCP Group, underscored the significance of the Abu Dhabi expansion in a statement:
“Receiving our full license in ADGM is a significant moment for us and a key part of our global strategy. The Middle East is crucial for the future of digital assets, and ADGM offers a world-class legal and regulatory framework that allows us to serve our clients confidently. We are committed to supporting the region’s ambitions by delivering trusted and cutting-edge financial solutions.”
This expansion into Abu Dhabi not only strengthens QCP’s international footprint but also positions the firm to bridge liquidity between Asia and the Middle East. With institutional investors in both regions increasingly seeking exposure to cryptocurrencies, QCP’s ability to operate under strong regulatory supervision is expected to give it a competitive edge.
Growing Competition in the Middle East
QCP’s entry into Abu Dhabi comes at a time when the Middle East is becoming one of the most competitive markets for digital asset firms. Companies such as Binance, Kraken, and OKX have also pursued licenses in the UAE, recognizing the country’s role as a global crypto hub.
By securing its FSRA license, QCP is joining this growing ecosystem and demonstrating that compliance, innovation, and global expansion are at the heart of its strategy. The move is particularly important as regulators around the world tighten scrutiny on crypto firms, with many jurisdictions demanding higher transparency and risk management standards.
The UAE, in contrast, has taken a proactive and balanced approach—creating a framework that protects investors while allowing innovation to flourish. This has made it an attractive destination not just for global exchanges but also for firms specializing in structured products and derivatives like QCP.
The Future of Digital Assets in the UAE
As the UAE continues to attract global players, the country is increasingly being viewed as a laboratory for the future of digital finance. Initiatives such as blockchain adoption in government services, digital identity systems, and cross-border payment projects demonstrate that the UAE is not only focused on attracting crypto capital but also on integrating blockchain into its broader economy.
For firms like QCP, this means an opportunity to be part of a fast-evolving ecosystem that values both compliance and innovation. Institutional demand for digital assets in the Middle East is expected to grow significantly, driven by sovereign wealth funds, family offices, and professional investors seeking diversification and exposure to emerging technologies.
Conclusion
QCP Group’s successful licensing in Abu Dhabi underscores the UAE’s emergence as one of the world’s leading hubs for digital assets. By combining strong regulatory oversight with a business-friendly environment, Abu Dhabi has positioned itself as a gateway for global firms aiming to serve both Middle Eastern and international clients.
For QCP, the new license is more than just an expansion—it is a strategic milestone that cements its role as a global player in digital asset markets. As competition intensifies and institutional demand rises, QCP’s decision to anchor its Middle East operations in Abu Dhabi may prove to be a defining move in shaping its long-term success.
Source: https://www.coingabbar.com/en/crypto-currency-news/qcp-group-expands-into-abu-dhabi-crypto-hub-with-full-license
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