Core Viewpoint - International Business Digital Technology (01782) experienced a significant stock price increase, rising over 10% and peaking at over 30% in early trading, following the announcement of regulatory approval for its virtual asset platform in the UAE [1] Group 1: Company Developments - The company announced the establishment of a non-wholly owned subsidiary, IBDT OPERATING VIRTUAL ASSET PLATFORM—L.L.C (IBDT Platform), in the United Arab Emirates [1] - The IBDT Platform has received a no-objection letter from the Securities and Commodities Authority (SCA), which constitutes preliminary approval for three core business activities: virtual asset brokers, virtual asset custodians, and virtual asset platform operators [1] - As of the announcement date, the company holds a 90% stake in the IBDT Platform, with the remaining 10% owned by an independent third party, and the financial performance of the IBDT Platform will be consolidated into the company's financial statements [1] Group 2: Regulatory Environment - The SCA is the highest regulatory authority for virtual assets and securities in the UAE, overseeing the entire country [2] - Since June 2025, the SCA has been issuing formal licenses to virtual asset service providers, although the number of licenses remains limited [2]
国际商业数字技术涨超10% 正式收到阿联酋SCA无异议函 批准开展虚拟资产相关业务