{
  "id": 2291149,
  "title": "Capital.com plans UAE spot crypto services after affiliate wins licence",
  "url": "https://urgent.news/2026/08/21/capital-com-plans-uae-spot-crypto-services-after-affiliate-wins",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T03:33:11.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/capital-com-uae-spot-crypto-license"
  },
  "original_language": "en",
  "account": "Capital.com aims to expand its services in the United Arab Emirates by launching spot crypto offerings through its affiliate, Capital Vault. The affiliate recently obtained a virtual-asset license from the Capital Market Authority (CMA), enabling it to deal in virtual assets as an agent or principal and provide custody services to clients. Once implemented, UAE customers will be able to purchase and hold actual cryptocurrency within the Capital.com app, with Capital Vault handling execution, custody, and settlement procedures. This move diverges from Capital.com's Contracts for Difference (CFDs), which merely provide price exposure without actual crypto ownership. Capital Vault functions as a distinct, regulated entity, with its governance, custody, and risk management processes separate from Capital.com's other operations. The affiliate has established an office in Abu Dhabi and is currently assembling a local virtual-asset team. This approval comes after the CMA introduced a comprehensive virtual-asset regulatory framework in April, broadening the scope of regulated activities from three to eight and imposing requirements related to business conduct, alternative trading systems, anti-money laundering controls, and prudential standards.",
  "summary": "UAE clients will be able to buy and hold crypto through Capital.com’s app, expanding beyond price exposure through contracts for difference.",
  "key_points": [
    "Capital.com plans to launch spot crypto services in UAE via affiliate Capital Vault.",
    "Capital Vault obtained virtual-asset license from Capital Market Authority (CMA).",
    "UAE customers to buy and hold actual cryptocurrency within Capital.com app."
  ],
  "editors_take": "Capital.com's UAE expansion through its licensed affiliate marks a shift from offering crypto price exposure to enabling actual cryptocurrency ownership, requiring separate governance and risk management.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}