Robinhood seeks UAE DFSA license for trading services

Robinhood has filed for a DFSA license to launch trading services in the UAE, appointing Mario Camara for leadership. This strategic expansion may enhance its global presence but is not expected to impact the crypto market immediately.

As Robinhood ventures into the UAE, Ethereum (ETH) is trading at 4,759.72 USD with a market cap of 574.54 billion USD, indicating stable performance despite the competitive landscape.

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