Changer.ae Ltd, a premium independent crypto custodian service, has received regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to conduct the regulated activity of dealing in investment as agent.
Abu Dhabi Global Market (ADGM) offers an advanced regulatory framework to ensure a fair, efficient, and transparent marketplace, catering to the dynamic needs of Abu Dhabi’s economy and growing markets. The platform is committed to securing users’ Virtual Assets and provides an enhanced digital experience, complemented by a transparent subscription-based monthly service based on the assets held under custody.
Additionally, Changer plans to launch new exchange services offering banking-grade escrow services for secure transactions, emphasizing its commitment to delivering a secure, simple, and seamless digital experience. Changer will now be able to conduct regulated activities, providing custody and offering investors a reliable, convenient, and accessible wallet to safeguard and manage their virtual assets.
As a regulated entity by the FSRA, Changer continues to build relationships with authorized parties across the UAE and globally, aiming to establish a strong foundation of transparency and security. Cryptocurrency investors worldwide can easily access Changer’s services through the user-friendly Changer mobile application, available on the App Store, Google Play Store, or Huawei App Gallery.
Wang Hao, CFA, CFtP, Senior Executive Officer of Changer, remarked: “We are proud to obtain the FSP license, targeting individuals globally and providing them with a reliable, convenient, and accessible wallet to safeguard and manage their virtual assets. This license signifies a significant milestone, highlighting our dedication to delivering a secure, simple, and seamless digital custody service that is independent and regulated.”
The FSRA’s regulatory environment and supervisory approach regarding Virtual Assets adoption and financial regulation make it an ideal market for Changer’s premium crypto custodian service, fostering innovation and economic growth in shaping the future of finance.
