Of late, the regulatory approach across the globe is getting meticulous day by day, we constantly kept reiterating that the U.S. SEC’s rigid approach on the crypto regulation has prolonged while having embraced the crypto-markets even while fighting to fend off fraud.
But for this time in UAE region, Arabian Bourse (ABX), an establishment under Abu Dhabi Global Market (ADGM), stated that it has unveiled crypto asset exchange and custodian initiative to concentrate on institutional and retail traders across the globe, as per the gulf news reports.
The United Arab Emirates-based crypto asset exchange and custodian Arabian Bourse (ABX) which happens to be a joint venture between GMEX Group and Arshad Khan, seems to have received initial regulatory approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM).
GMEX Group is a set of firms offering multi-asset exchange trading, post-trade infrastructure, and business and technology solutions. Whereas the Arabian Bourse project established together with regional exchanges founder Arshad Khan intends to serve as a compliant, fully-regulated crypto asset exchange and custodian with a focus on international institutional and retail traders.
Currency Strength Index: FxWirePro's hourly USD spot index is inching towards 75 levels (which is bullish), while hourly BTC spot index was at -160 (highly bearish) while articulating (at 12:29 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex


U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
Wall Street Analysts Weigh in on Latest NFP Data
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
FxWirePro- Major Crypto levels and bias summary 



