TechFlow reported that Deepcoin Labs, a subsidiary of cryptocurrency exchange Deepcoin, announced it has obtained the Cryptocurrency Commodities Proprietary Trading registration license from Dubai Multi Commodities Centre (DMCC), and launched a $10 million fund aimed at supporting early-stage Web3 innovation projects.
The license is valid from September 6, 2023, to September 10, 2024, permitting Deepcoin Labs to conduct trading activities in the field of cryptocurrency commodities, while requiring compliance with DMCC's regulatory framework.




