TechFlow News, March 15 — According to official updates, cryptocurrency exchange FTX has obtained a crypto service provider license in Dubai and plans to establish a regional headquarters in the city. Patrick Gruhn, FTX's head of Europe, said that Dubai will enable FTX to securely execute its overall strategy, moving toward becoming the first virtual asset service provider to enter global markets under full regulatory compliance. In a statement, FTX founder and CEO Sam Bankman-Fried said: "The company will offer sophisticated crypto derivatives with centralized counterparty clearing to institutional markets."
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