Changer.ae Ltd, a leading independent crypto custodian service, has recently received regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to engage in the regulated activity of dealing in investment as an agent. ADGM is known for its advanced regulatory framework that ensures a fair, efficient, and transparent marketplace to meet the evolving needs of Abu Dhabi’s economy and growing markets.
The platform offered by Changer is dedicated to securing users’ Virtual Assets and provides a top-notch digital experience, complemented by a transparent subscription-based monthly service based on the assets held under custody. Furthermore, Changer is preparing to launch new exchange services that offer banking-grade escrow services for secure transactions, demonstrating its commitment to delivering a secure, simple, and seamless digital experience.
In addition to providing custody services, Changer will now be able to deal in investments as an agent, making it more convenient and accessible for investors to safeguard and manage their virtual assets. Being regulated by the FSRA, Changer aims to build strong relationships with authorized parties in the UAE and globally to ensure transparency and security for its customers, enabling them to diversify their portfolios.
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, Senior Executive Officer of Changer, expressed pride in obtaining the FSP license, emphasizing the company’s dedication to providing a reliable, convenient, and accessible wallet for individuals globally to safeguard and manage their virtual assets.
FSRA’s regulatory environment and supervisory approach towards Virtual Assets adoption and financial regulation make it an ideal market for Changer’s premium crypto custodian service. This regulatory approval signifies a significant milestone for Changer, highlighting its commitment to delivering an independent and regulated digital custody service that prioritizes security, simplicity, and seamlessness in facilitating digital asset management.
