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Changer.ae acquires Abu Dhabi cryptocurrency custody services license

Changer.ae, based in Abu Dhabi, has obtained a cryptocurrency custody service operating license from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). It is reported that Changer's platform has secure, insured wallets with advanced encryption and multi-signature authorization, which can be accessed through mobile applications in various app stores. Changer plans to expand its product range in the first quarter of 2024, including converting virtual assets into fiat currency and arranging custody with as-yet-unannounced banking partners.