- MultiBank Group launches MEX Digital FZE, securing a VARA license to operate as a broker-dealer and virtual asset exchange.
- The new subsidiary strengthens MultiBank Group’s shift from traditional Forex to becoming a prominent player in the crypto economy.
MultiBank Group has launched its new subsidiary, MEX Digital FZE, after securing a license from the Virtual Assets Regulatory Authority (VARA).
This license empowers MEX Digital to operate as a broker-dealer and exchange for virtual assets, marking a significant step in expanding its presence as a Virtual Assets Service Provider (VASP) in the region.
Naser Taher, Chairman of MultiBank Group, emphasized the importance of this milestone, underscoring the company’s commitment to fostering a secure and transparent environment for the global cryptocurrency community.