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Robinhood Picks Dubai’s DIFC as MENA HQ, Seeks UAE Trading License

Robinhood Picks Dubai’s DIFC as MENA HQ, Seeks UAE Trading License

Photo: TokenPost

Robinhood has selected the Dubai International Financial Centre (DIFC) as its proposed Middle East and North Africa (MENA) headquarters and applied for a UAE license to offer trading services, making regulatory approval the next step in its regional expansion. The company submitted an application for a Category 4 license to the Dubai Financial Services Authority (DFSA). The application remains pending. The headquarters choice identifies a proposed location for regional operations, while the separate license request concerns permission to provide trading services.

Source: TokenPost

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