Robinhood receives Dubai approval to offer crypto and stock trading
Image: Crypto BriefingRobinhood Markets received approval from the Dubai Financial Services Authority. The company will launch a retail investing platform in the Middle East from the Dubai International Financial Centre. The approval covers trading and custody across all 10 DFSA-approved asset classes, including stocks, crypto assets, ETFs and investment tokens. The DIFC will serve as Robinhood's regional headquarters for the Middle East and North Africa. Robinhood plans to launch its full product suite in 2027.
Key points
- Robinhood Markets received approval from the Dubai Financial Services Authority.
- The approval allows Robinhood to offer trading and custody across all 10 DFSA-approved asset classes.
- The Dubai International Financial Centre will serve as Robinhood's regional headquarters for the Middle East and North Africa.
- Robinhood plans to launch its full product suite in the region in 2027.
- Salah Kaddoura will lead Robinhood MENA as senior executive officer and president.
Why it matters
The approval adds a regulated way to access crypto in the Middle East and lets Robinhood offer trading and custody across 10 asset classes from Dubai. It also makes the DIFC its regional headquarters for MENA.
Sources · 2 publishers
Crypto Briefing
Tier 2
Robinhood wins Dubai approval to bring crypto and stock trading to the Middle East
Coverage timeline
- First reported by CoinGape
- Also reported by Crypto Briefing
- CryptoVideos brief published
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