According to CoinMeta, as reported by Cointelegraph, the entity Capital Vault associated with Capital.com has been granted a virtual assets license by the UAE Capital Markets Authority (CMA), allowing it to conduct virtual asset transactions. UAE customers can buy and hold crypto assets through the Capital.com application, with Capital Vault responsible for execution, custody, and settlement. Capital Vault has established an office in Abu Dhabi and formed a local team; this approval was made following the introduction of the virtual assets regulatory framework by CMA in April.