Singapore-based crypto trading firm QCP Group has received regulatory approval to operate in Abu Dhabi, marking an important step in its global expansion. The license, granted by the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority, allows QCP to offer spot and derivatives trading, market-making, and structured products to professional investors.
With this approval, QCP now holds licenses in both Singapore and Abu Dhabi. The company’s Founder, Darius Sit, says the dual setup gives it the ability to connect liquidity between Asia and the Middle East, while also giving clients the assurance of 24-hour regulated trading.
Why Abu Dhabi Matters for Global Crypto Regulation
In recent years, Abu Dhabi has made a strong push to attract digital asset companies. Its regulators were among the first to introduce a full legal framework for virtual assets back in 2018. Since then, the emirate has positioned itself as a global destination for exchanges, custodians, and token projects by offering clear rules and tax-friendly policies.
Large investments have also highlighted its ambitions. Earlier this year, Abu Dhabi’s MGX fund committed $2 billion to Binance, signaling its intent to compete with other leading financial centers. For many firms, the city’s location provides a natural bridge for markets across the Middle East, Africa, and Asia.
QCP Group Strengthens Liquidity Between Asia and Middle East
Getting licensed in Abu Dhabi is not easy. Companies must pass strict compliance checks, pay high fees, and meet demanding standards on governance and cybersecurity. Business plans and anti-money laundering policies are closely reviewed before any approval is granted.
By completing this process, QCP not only expands its global footprint but also strengthens its standing with institutional investors. For clients, the license signals that the company is committed to working within regulated environments, a growing priority in today’s market.
Building Toward a Regulated Future in Crypto Trading
Arvind Ramamurthy, Chief Market Development Officer at ADGM, welcomed QCP’s arrival, saying its focus on compliance and innovation fits the emirate’s long-term vision for digital assets. The move adds QCP to a growing list of firms that see Abu Dhabi as a secure and strategic hub for growth.
As global regulators tighten their oversight of crypto markets, Abu Dhabi’s balance of progressive rules and institutional credibility could make it a key destination for firms looking to expand responsibly. For QCP, this license opens the door to new clients, stronger partnerships, and a bigger role in shaping the future of regulated crypto trading.
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FAQs
Who is QCP Group?
QCP Group is a Singapore-based crypto trading firm specializing in spot, derivatives, and structured products.
What is the ADGM crypto license?
The ADGM crypto license is approval from Abu Dhabi’s Financial Services Regulatory Authority allowing firms to trade and offer regulated digital asset services.
Does QCP hold other licenses apart from Abu Dhabi?
Yes, QCP also holds a regulatory license in Singapore, strengthening its presence across Asia and the Middle East.
Which crypto firms are licensed in Abu Dhabi?
Several global firms, including Binance and QCP Group, have received ADGM approval.
Did Abu Dhabi invest in major crypto companies?
Yes, MGX fund committed $2B to Binance, showing its strong support for digital assets.
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