Copper ME Receives In-Principle ADGM Approval for Digital Asset Expansion, Final Authorisation Pending
By
SendTech Times Digital Assets Desk
Summary
Copper Securities (ME) Limited has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to expand its regulated digital-asset activities. The approval is not a full commercial authorisation but allows Copper ME to proceed to the next phase of regulatory engagement, including demonstrating operational readiness. The planned expansion covers digital asset custody, settlement, collateral management, and tokenised fund brokerage — all still subject to final FSRA authorisation.
Source
Key quotes
· 3 pulledCopper Securities (ME) Limited has received in-principle approval from the Financial Services Regulatory Authority of ADGM to expand the scope of its regulated activities in digital assets.
The approval is not a full commercial authorisation.
ADGM said the in-principle approval allows Copper ME to move to the next phase of regulatory engagement, including demonstrating full operational readiness before seeking the relevant Financial Services Permission.
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