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Rakshit Choudhary, Deriv’s CEO shares his point of view on the companies’s newly obtained SCA license and what this means for the growth of the company.
Deriv has expanded its global presence by launching a new UAE-based subsidiary, Deriv Capital Contracts & Currencies L.L.C., under a licence from the Securities and Commodities Authority (SCA).
Deriv, a global online trading company, has expanded into the UAE with the launch of its new subsidiary, Deriv Capital Contracts & Currencies L.L.C., licensed by the UAE Securities and Commodities Authority (SCA).
Fintech trading platform Deriv has secured a license to operate in the U.A.E. from the Securities and Commodities Authority on Wednesday, as per an official press release by the company.
Deriv, one of the leading names in the online trading sector, has recently announced the establishment of its new regulated hub, Deriv Capital Contracts & Currencies L.L.C, in the UAE.
Trusted by over 3 million traders for more than 26 years, Deriv is dedicated to making online trading accessible to everyone, everywhere. Demonstrating its commitment, Deriv has recently obtained an SCA licence.
Deriv, global online trading company, has announced new market expansion of its operations in the UAE with the launch of newly formed subsidiary, Deriv Capital Contracts & Currencies L.L.C., under licence from the UAE Securities and Commodities Authority (SCA).
Financial access remains unequal worldwide, with over a billion people lacking reliable banking. Peer-to-peer platforms encourage direct, flexible financial interactions and empower underserved communities.
Derek Swift of Deriv highlights how AI has made online scams more sophisticated, targeting user behaviour and trust. Deriv combats this with multi-factor authentication, strict on-platform communication, and AI-driven fraud detection.
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