ABU DHABI REGULATOR GRANTS TRADING FIRM RAIN PERMISSION TO OFFER CRYPTO SERVICES

In a landmark move for the digital asset landscape in the United Arab Emirates, the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) has granted Rain Trading Limited (Rain ADGM) a Financial Services Permission (FSP). Rain Trading Limited (Rain ADGM) has been granted the first Financial Services Permission (FSP) by Abu Dhabi Global Market s Financial Services Regulatory Authority to operate a virtual assetsThis pivotal authorization allows Rain to operate as a regulated virtual assets brokerage and custody service provider within the ADGM, solidifying its position as a key player in the burgeoning crypto market. The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to offer brokerage and custody services to Abu Dhabi regulator grants trading firm Rain permission to offer crypto servicesThis announcement, made on July 25, 2025, marks a significant step forward for both Rain and the overall adoption of digital assets in the region.The FSP will enable Rain to offer a suite of services, including the crucial ability for institutional and retail clients in the UAE to seamlessly buy, sell, and securely store virtual assets. The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority has granted its financial services permission for cryptocurrency firm Rain to offer brokerage and custody services to residents. In a July 25 announcement, Rain said the regulatory approval will allow certain United Arab EmiThis development comes on the heels of similar permissions granted to other crypto entities, like Binance in November 2025, signaling a clear and proactive approach by Abu Dhabi to fostering a robust and regulated crypto ecosystem.What does this mean for the future of digital assets in the UAE, and how will this impact investors and the broader financial sector?

What is Rain and its Role in the Crypto Market?

Rain is a leading cryptocurrency company that has established itself as a prominent player in the Middle East's evolving digital asset space. The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2025. The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to offer brokerage and custody services to residents.Before receiving the Financial Services Permission (FSP), Rain had already obtained In-Principle Approval (IPA) from the ADGM's FSRA, demonstrating its commitment to meeting regulatory requirements and building trust within the market.Rain has positioned itself to serve both retail and institutional clients, offering a secure and user-friendly platform for accessing the digital asset market. Abu Dhabi, United Arab Emirates, 25th July, 2025: Rain Trading Limited (Rain ADGM) has been granted a Financial Services Permission (FSP) by Abu Dhabi Global Market s (ADGM) Financial Services Regulatory Authority (FSRA) to operate a regulated virtual assets brokerage and custody service in the ADGM. The FSP will cement Rain s position asThe company's focus on regulatory compliance and customer security has been crucial to its success and the subsequent acquisition of this important license.

Rain's Core Offerings:

• Virtual Asset Brokerage: Facilitating the buying and selling of various cryptocurrencies.
• Custody Services: Securely storing digital assets on behalf of its clients.
• Fiat-to-Virtual Asset On-Ramp: Providing a seamless process for converting traditional currencies into cryptocurrencies, and vice versa.

Rain's mission is to provide a trusted gateway to the digital asset market, enabling individuals and institutions to participate in the crypto revolution with confidence and security. The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2025.With the newly acquired FSP, Rain is poised to expand its reach and influence within the UAE and beyond.

Understanding the Financial Services Permission (FSP)

The Financial Services Permission (FSP) granted by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) is a crucial regulatory approval that authorizes a firm to conduct specific financial services within the ADGM's jurisdiction.Receiving an FSP signals that the regulatory body has assessed a company's operations, governance, risk management, and compliance frameworks, and found them to meet the rigorous standards necessary to protect investors and maintain market integrity.

For Rain, the FSP is not merely a license to operate; it is a testament to the company's commitment to transparency, security, and compliance. Crypto firm Rain was granted permission to operate as a virtual asset brokerage and custody service provider by Abu Dhabi's financial regulator. The brokerage will offer institutional and retail clients in the UAE the ability to buy, sell and store virtual assets.It allows Rain to offer regulated virtual assets brokerage and custody services, providing clients with the assurance that their investments are being handled in a safe and regulated environment.The FSP also differentiates Rain from unregulated crypto platforms, building trust and attracting a wider range of investors, including institutional players who are often hesitant to engage with unregulated entities.

Key Benefits of Rain's FSP Approval

The Financial Services Permission granted to Rain provides numerous advantages for the company, its clients, and the overall crypto ecosystem within the UAE.

• Enhanced Trust and Credibility: Operating under a regulated framework significantly boosts Rain's credibility and instills confidence in its clients.
• Attraction of Institutional Investors: Regulated platforms are more likely to attract institutional investors who require a secure and compliant environment for their investments.
• Expansion of Service Offerings: The FSP enables Rain to offer a wider range of regulated virtual asset services, including brokerage and custody solutions.
• Improved Security and Risk Management: Compliance with FSRA regulations ensures robust security measures and risk management protocols are in place to protect client assets.
• Contribution to a Maturing Crypto Market: Rain's regulatory approval contributes to the overall maturation and legitimacy of the crypto market in the UAE.

Ultimately, the FSP paves the way for greater adoption of digital assets within the region by providing a secure and compliant environment for investors to participate in the market.

The Impact on UAE's Crypto Landscape

Abu Dhabi's decision to grant Rain the Financial Services Permission has far-reaching implications for the cryptocurrency landscape in the UAE.It underscores the country's commitment to fostering a vibrant and regulated digital asset ecosystem, attracting both domestic and international investors.

The UAE has emerged as a frontrunner in the Middle East's crypto adoption race, with Abu Dhabi and Dubai leading the charge in establishing regulatory frameworks and attracting crypto businesses. The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to offer brokerage and custody services to residents.By providing regulatory clarity and embracing innovation, the UAE aims to become a global hub for digital assets and blockchain technology.Granting FSPs to companies like Rain and Binance signals a clear intention to create a supportive environment for the industry to thrive.

This proactive approach is expected to attract significant investment, create new jobs, and drive economic growth in the region. The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2025. The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority has granted its financial services permission for cryptocurrency firm Rain to offer brokerage and custody services to residents. In a July 25 announcement, Rain said the regulatory approval willThe availability of regulated platforms like Rain will also encourage greater participation from institutional investors, further accelerating the adoption of digital assets in the UAE.

How Rain's FSP Compares to Binance's Approval

The granting of a Financial Services Permission to Rain follows a similar approval awarded to Binance in November 2025, reinforcing Abu Dhabi's dedication to supporting the crypto industry.While both approvals signify regulatory progress, there are some key differences to consider.Binance, being one of the world's largest cryptocurrency exchanges, likely received an FSP with a broader scope of services, reflecting its global scale and diverse product offerings.

Rain, on the other hand, is a regional player with a strong focus on serving the Middle Eastern market. Bahrain s Rain receives permission from Abu Dhabi regulator to roll out crypto services. Rain has been awarded a crypto licence, which will enable it to offer clients in the UAE the ability to buy, sell and store virtual assets.Its FSP is tailored to its specific business model, which emphasizes brokerage and custody services. The company will now be able to offer the ability to buy, sell and store virtual assets, as well as having a seamless fiat-to-virtual asset on-ramp serviceThe approval acknowledges Rain's dedication to providing a secure and regulated platform for buying, selling, and storing virtual assets within the UAE.

While the specific details of each FSP may differ, both approvals share a common goal: to create a regulated and trustworthy environment for digital asset activities in Abu Dhabi. The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to offer brokerage and custody services to residents. In a July 25 announcement, Rain said the regulatory approval will allow certain United Arab Emirates-based institutional and retail users to buyThis dual approach of welcoming both global giants and regional players fosters competition and innovation within the crypto market.

What Crypto Services Will Rain Offer?

With the Financial Services Permission in hand, Rain is now authorized to offer a comprehensive suite of cryptocurrency services to both institutional and retail clients within the UAE.These services include:

• Virtual Asset Brokerage: Enabling clients to buy and sell a range of cryptocurrencies through a secure and user-friendly platform.
• Custody Services: Providing secure storage solutions for clients' digital assets, minimizing the risk of theft or loss.
• Fiat-to-Crypto On-Ramp: Facilitating seamless conversion between traditional fiat currencies (e.g., AED, USD) and cryptocurrencies, allowing users to easily enter and exit the crypto market.
• Institutional Services: Tailored solutions for institutional investors, including over-the-counter (OTC) trading, portfolio management, and custody services.

Rain's focus on regulated brokerage and custody services addresses a critical need in the crypto market, particularly for investors who prioritize security and compliance. They have given out many licenses for crypto entities to operate in, one of them now being an exchanged named Rain Trading Services. The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2025.By providing a trusted and reliable platform for accessing digital assets, Rain is helping to drive the adoption of cryptocurrencies among a wider audience.

Impact on Retail and Institutional Investors

Rain's newly acquired Financial Services Permission has a significant impact on both retail and institutional investors in the UAE.For retail investors, it provides access to a regulated and trustworthy platform for buying, selling, and storing cryptocurrencies. Rain, a leading cryptocurrency company, received its In-Principle Approval (IPA) for a Financial Services Permission (FSP) from the Abu Dhabi Global Market s (ADGM) Financial Services Regulatory Authority (the FSRA).This regulatory oversight increases investor confidence and reduces the risk of fraud or mismanagement.

Institutional investors, who typically require a higher level of regulatory certainty and security, are also drawn to regulated platforms like Rain.The FSP allows Rain to offer tailored solutions for institutional clients, including secure custody services, OTC trading, and portfolio management.The presence of regulated platforms like Rain helps to legitimize the crypto market in the eyes of institutional investors, paving the way for increased investment and participation.

Moreover, the availability of a seamless fiat-to-crypto on-ramp facilitates easier entry into the crypto market for both retail and institutional investors, further driving adoption.

Security Measures Implemented by Rain

Given the inherent risks associated with digital assets, security is paramount for any cryptocurrency platform.Rain, as a regulated entity, is required to implement robust security measures to protect client assets and data.These measures include:

• Cold Storage: Storing a significant portion of digital assets offline in secure, geographically dispersed vaults to prevent unauthorized access.
• Multi-Factor Authentication: Requiring users to provide multiple forms of identification to access their accounts, adding an extra layer of security.
• Encryption: Encrypting sensitive data, both in transit and at rest, to prevent unauthorized interception or access.
• Regular Security Audits: Conducting regular security audits by independent cybersecurity firms to identify and address potential vulnerabilities.
• Compliance with Regulatory Standards: Adhering to strict regulatory standards set by the FSRA, including anti-money laundering (AML) and know-your-customer (KYC) requirements.

By implementing these comprehensive security measures, Rain strives to provide a safe and secure environment for its clients to engage with digital assets.

How Does This Affect the Price of Cryptocurrencies?

While it's difficult to directly correlate regulatory approval with specific price movements of cryptocurrencies, developments like Rain receiving its FSP can indirectly influence market sentiment and price action.Generally, increased regulatory clarity and the presence of trusted, regulated platforms can boost investor confidence.This increased confidence can lead to greater demand for cryptocurrencies, potentially driving prices upward.Conversely, negative regulatory news or a lack of regulatory clarity can create uncertainty and fear, potentially leading to price declines.

The impact of Rain's FSP approval on cryptocurrency prices will depend on a variety of factors, including the overall market conditions, the specific cryptocurrencies offered by Rain, and the level of investor interest in the UAE's crypto market.However, as a general rule, positive regulatory developments tend to be viewed favorably by the market and can contribute to a more stable and sustainable crypto ecosystem.

What are the Risks Involved?

While the FSP granted to Rain introduces greater security and regulatory oversight, potential investors should be aware of inherent risks associated with cryptocurrency.These include:

• Market Volatility: Cryptocurrency values can fluctuate dramatically and unpredictably, leading to potential losses.
• Regulatory Uncertainty: While the UAE is making strides in regulating crypto, the regulatory landscape globally is still evolving, and changes in regulations could impact the value of digital assets.
• Security Risks: Despite robust security measures, crypto platforms and digital assets can still be vulnerable to hacking and theft.
• Lack of Insurance: Unlike traditional bank deposits, cryptocurrency holdings are typically not insured, meaning investors could lose their entire investment in the event of a security breach or platform failure.

It is crucial for investors to conduct thorough research, understand the risks involved, and only invest what they can afford to lose.Diversifying investments across different asset classes can also help to mitigate risk.

Future Outlook for Crypto in Abu Dhabi

The future outlook for crypto in Abu Dhabi is bright, driven by the government's proactive approach to regulation, its commitment to innovation, and its strategic location as a hub for global finance.The granting of Financial Services Permissions to companies like Rain and Binance signals a clear intention to create a thriving and regulated digital asset ecosystem.

As the crypto market matures in Abu Dhabi, we can expect to see increased institutional investment, greater adoption by retail investors, and the development of new and innovative crypto products and services.The UAE is well-positioned to become a leading global hub for digital assets, attracting talent, investment, and innovation from around the world.

Conclusion

The Abu Dhabi regulator's decision to grant Rain Trading Limited a Financial Services Permission to offer crypto services is a significant milestone for both the company and the digital asset landscape in the UAE.This regulatory approval not only enhances Rain's credibility and allows it to expand its service offerings but also contributes to the overall maturation and legitimacy of the crypto market in the region.The move signals Abu Dhabi's commitment to fostering a vibrant and regulated digital asset ecosystem, attracting both domestic and international investors.This follows similar actions towards other companies, such as Binance.While risks associated with cryptocurrencies persist, the presence of regulated platforms like Rain provides investors with a secure and compliant environment to participate in the crypto revolution.Key takeaways include:

• Rain is now authorized to offer regulated virtual asset brokerage and custody services in Abu Dhabi.
• The Financial Services Permission enhances trust and credibility for Rain and the overall crypto market.
• The UAE is committed to becoming a global hub for digital assets and blockchain technology.
• Investors should be aware of the risks associated with cryptocurrencies and invest responsibly.

As Abu Dhabi continues to embrace innovation and provide regulatory clarity, the future of crypto in the region looks promising, with the potential for increased investment, adoption, and economic growth.It is crucial to stay informed and exercise caution while navigating this dynamic and evolving market.Are you ready to explore the possibilities of crypto in a regulated environment?Consider researching further and consulting with a financial advisor to make informed decisions.