UAE-Regulated AGCX Exchange to Launch September 10 with AED Support and Zero Platform Fees

yesterday / 23:27 2 sources positive

Key takeaways:

  • Regulated UAE exchange launch signals institutional legitimacy, boosting regional crypto adoption.
  • Zero transfer fees and AED on-ramps could redirect offshore liquidity to compliant local venues.
  • Watch for similar Gulf regulator moves; institutional participation likely increases with royal family backing.

Arab Global Crypto Exchange (AGCX), a CMA-licensed virtual assets platform based in Abu Dhabi, will officially open for trading on September 10, 2026. The launch targets UAE residents and eligible users in supported jurisdictions, providing a locally regulated alternative to offshore exchanges.

At launch, verified users will be able to deposit AED directly from UAE bank accounts, complete digital KYC onboarding, and trade spot, futures and options through AGCX's mobile and web platforms. The exchange will also support crypto deposits and withdrawals across supported assets with zero AGCX platform fees on transfers, alongside staking for supported crypto assets and launchpad access for selected new token listings.

AGCX operates under a license issued by the Capital Markets Authority (CMA), formerly the Securities and Commodities Authority, and says its KYC, transaction monitoring and custody procedures are designed to meet UAE anti-money laundering and counter-terrorist financing requirements.

Founder and Chairman Satish Gogia said the exchange aims to give UAE users a straightforward way to deposit AED, trade and manage assets without moving money offshore. Board member Sheikh Mohammed Khalifa Sultan Shakhbout Al Nahyan, a member of the Abu Dhabi Royal Family, said he is pleased to support AGCX's role in building a credible and regulated digital asset market in the region.

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