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    Home ยป Changer.ae Launches Regulated Crypto Custodian Platform
    Crypto

    Changer.ae Launches Regulated Crypto Custodian Platform

    The United Arab Emirates (UAE) has emerged as a trailblazer in the Middle East and North Africa region, cultivating a regulatory environment that is not only robust but also progressive.
    News DeskBy News DeskDecember 19, 2023
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    Changer.ae Ltd, a prominent crypto custodian service, has officially introduced its cutting-edge platform, offering individuals worldwide a comprehensive solution for effectively managing their digital assets.

    The platform, which operates under the vigilant regulation of the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), signifies a significant stride towards establishing a reliable and consistent crypto custodian service.

    Changer.ae operates within the meticulous regulatory framework set forth by the FSRA of ADGM, ensuring unwavering adherence to rules and regulations governing safe custody provisions, technology governance, and various system controls.

    The United Arab Emirates (UAE) has emerged as a trailblazer in the Middle East and North Africa region, cultivating a regulatory environment that is not only robust but also progressive.

    Recognizing the immense potential of digital assets, the UAE has redoubled its efforts to attract global businesses operating in the digital asset sphere, thereby contributing to increased investment and fostering a positive regional reputation.

    Changer.ae distinguishes itself by offering independent custody services coupled with a unique subscription-style monthly package.

    Notably, Changer’s wallet delivers transparency, boasting an insured platform fortified with advanced encryption and a multi-signature authorization security system.

    As part of its strategic launch plan, Changer.ae has decided to waive custody fees for early adopters until the first quarter of 2024.

    This strategic move is designed to incentivize users to explore the platform’s offerings without incurring any custody-related expenses during the initial operational phase.

    Furthermore, Changer.ae extends a warm welcome to cryptocurrency enthusiasts worldwide, allowing them to seamlessly open an account via its mobile application, which is accessible on the App Store, Google Play Store, and Huawei App Gallery.

    The company has exciting plans to introduce additional services in early Q1 2024.

    These new offerings will enable users to convert their virtual assets into fiat currencies and securely hold them in escrow arrangements with a strategic banking partner, the details of which are yet to be disclosed.

    Nadeem Ladki, the Senior Executive Officer of Changer.ae, expressed his unwavering enthusiasm, stating, “We are dedicated to investing in the necessary infrastructure and abiding by the regulations essential to provide peace of mind to our global user base, with the aim of being a frontrunner in this rapidly evolving space.”

    Changer.ae’s commitment to regulatory compliance and user satisfaction positions it as a significant player in the ever-expanding world of crypto custodianship.

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