**[International Business Digital Technology: Preliminary Approval for License Application to Operate Virtual Asset Activities in the UAE]** Foresight News reports, citing Zhitong Finance, that Hong Kong-listed company International Business Digital Technology has announced that its non-wholly owned subsidiary, IBDT Platform, established in the United Arab Emirates (UAE), has officially received a No Objection Certificate (this certificate) issued by a federal-level regulatory authority in the UAE. This certificate constitutes preliminary approval for the inclusion of the following core businesses under IBDT Platform's commercial license: virtual asset brokerage, virtual asset custody, and virtual asset platform operations. IBDT Platform is 90% owned by the company, with the remaining 10% held by an independent third party. The financial performance of IBDT Platform will be consolidated into the company's comprehensive financial statements.