Igniting a New Era for Crypto in MENA
The future of crypto in MENA is taking shape. BurjX, a UAE-based digital asset brokerage, announced today that it has received ‘In-Principle’ Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
This marks a key regulatory milestone as BurjX moves towards securing its Financial Services Permission (FSP) to operate as a fully regulated, institutional-grade trading and custody platform.
As the pioneer of the world’s first comprehensive virtual asset regulatory framework, ADGM’s approval reinforces BurjX’s commitment to building a next-generation platform founded on trust, transparency, and institutional adoption in MENA.
A New Era
“As BurjX moves toward final regulatory approval, we are reimagining crypto trading – seamlessly integrating cutting-edge security with a frictionless trading experience in a single, unified platform,” stated Omar Abbas, Co-Founder & CEO, BurjX.
“This milestone is just the beginning. BurjX is shaping the future of responsible digital asset,” asserted Adam Ferris, Co-Founder & Chairman, BurjX.
Raising the Bar
With final regulatory approval on the horizon, BurjX is preparing to launch later this year, bringing a full suite of digital asset trading and custody solutions to market.
Strengthening its security-first approach, BurjX has secured market-leading insurance coverage, offering comprehensive protection for client and operational assets against a range of potential risks, ensuring resilience and trust in its platform.
