According to an announcement sent to Cointelegraph, Capital.com intends to offer spot cryptocurrency services to clients in the United Arab Emirates after its affiliate, Capital Vault, obtained a virtual‑asset license from the UAE Capital Market Authority. The license permits Capital Vault to act as an agent or matching principal, to execute trades, provide custody and settle transactions on behalf of clients. The service will enable UAE users to purchase and hold actual crypto through the Capital.com app, with Capital Vault handling execution, custody and settlement, distinguishing it from the firm’s existing contracts‑for‑difference products. Capital Vault operates as a separate regulated entity, maintains its own governance and risk arrangements, and has opened an office in Abu Dhabi while assembling a local virtual‑asset team. The CMA’s virtual‑asset regulatory framework, introduced in April, expanded permissible activities from three to eight and set standards for business conduct, anti‑money‑laundering controls and prudential requirements.