AGCX launches in UAE on September 10th with support from UAE Royal Family Member

Arab Global Crypto Exchange (AGCX), a UAE Capital Markets Authority-licensed virtual assets platform, is set to open for trading on September 10, 2026, offering UAE residents and eligible users in supported jurisdictions a local gateway to trade virtual assets with direct AED access.

The exchange is supported by His Highness Sheikh Mohammed Khalifa Sultan Shakhbout Al Nahyan, Non-Executive Director, AGCX and sits on its board. He notes, “I am pleased to be associated with Arab Global Crypto Exchange and with Mr. Satish Gogia, whose vision and experience in capital markets are central to building a secure, well-regulated platform for the UAE. I look forward to supporting AGCX as it contributes to the development of this sector in the region.”

AED access becomes the new battleground

AGCX is entering a market where regulation is no longer just a headline but a competitive differentiator. The exchange is positioning itself around one of the most important pain points for local users: the ability to move between AED and digital assets without relying on offshore platforms, additional conversion layers or unclear regulatory protections.

At launch, verified users will be able to deposit AED through UAE bank transfers, complete digital KYC onboarding and trade spot, futures and options through AGCX’s web and mobile platforms. The exchange will also support crypto deposits and withdrawals across supported assets with zero AGCX platform fees on transfers.

“The UAE has done a lot to build a clear and progressive framework for digital assets. What we saw was an opportunity to make the experience simpler for people here,” said Mr. Satish Gogia, Founder and CEO of AGCX. “Users should not have to move their money offshore just to access digital assets. With AGCX, we want to give them a straightforward way to deposit AED, trade and manage their assets through a platform built for the UAE market.”

Gogia added that AGCX is starting with what he described as the fundamentals: AED access, transparent custody, strong compliance and a simple fee structure, noting that trust is built over time through how a platform operates, not simply through what it says.

Regulation is shaping the UAE exchange market

AGCX says it operates under a license issued by the Capital Markets Authority, formerly known as the Securities and Commodities Authority (SCA). Its launch comes as the UAE continues to develop a regulated virtual asset market across Dubai VARA, Abu Dhabi ADGM and federal supervisory frameworks.

The platform’s operations, including KYC onboarding, transaction monitoring and custody procedures, are designed to meet applicable UAE anti-money laundering and counter-terrorist financing requirements, at a time when users and institutions are increasingly looking for regulated onshore alternatives.

AGCX joins a wave of UAE exchange activity

AGCX’s planned launch follows a series of UAE exchange being licensed and entering the UAE. OKX became operationally live in the UAE in 2024 with AED banking rails for retail and institutional clients, while Dubai VARA’s framework has also supported a growing pipeline of licensed VASPs.

In 2026, several new market entrants and approvals, including Arbeat receiving its license for exchange and broker-dealer services, Daman Virtual officially launching after its VARA license, and DVA receiving a VARA broker-dealer license.

The trend points to a market moving beyond simple access to crypto trading. New UAE platforms are increasingly competing on AED settlement, banking connectivity, custody standards, institutional-grade execution, compliance and local regulatory credibility.

At launch

At launch, AGCX will offer:

• Spot, futures and options trading across major digital asset pairs
• Direct AED deposits from UAE bank accounts
• Regulator-compliant crypto deposits and withdrawals
• Zero AGCX platform fees on crypto deposits and withdrawals
• Staking for supported crypto assets
• Launchpad access for selected new token listings
• Web and mobile trading platforms