Robinhood heads to Dubai as Dubai-based Bybit plots its way into the US

Robinhood (NASDAQ: HOOD) has committed to a 2027 date to launch in the Middle East after the Dubai Financial Services Authority (DFSA) gave the regulatory green light on the firm’s retail investing app in the Dubai International Financial Centre (DIFC). News of the 2027 expansion into the Middle East landed as the Dubai-based Bybit is planning a move on Robinhood’s home turf in the United States. What Robinhood’s Dubai license covers The DFSA approval Robinhood received allows it to offer trading and custody across all 10 asset classes the regulator permits, including equities, ETFs, crypto, and investment tokens. Salah Kaddoura was named senior executive officer and president of Robinhood MENA , leading the local team that will operate out of a regional headquarters in the DIFC and open to local…

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cryptopolitan.