“As we speak, Rain is launching within the UAE, because the first licensed retail trade,” Joseph Dallago, CEO and co-founder of the Bahrain-based firm, tweeted on Tuesday. “It is a 5 yr effort, as we have been one of many first exchanges to investigate about licensure again in 2018, when the ADGM launched their digital asset framework,” referring to the Abu Dhabi World Market monetary freezone.
