Tag: VARA
Singapore-Based Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia
In the past few weeks, Liminal has seen a series of regulatory positives in the Asian Pacific (APAC) and Middle East and North Africa (MENA). Late las [...]
Crypto Exchange Binance Secures Full Virtual-Asset Services Provider (VASP) License in Dubai
Binance's local unit, Binance FZE, obtained an Operational MVP license in mid-2023, a VARA filing shows. That allowed it to serve institutional invest [...]
Crypto.com Obtains Full Dubai Operational License
Singapore-based crypto platform Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for its loca [...]
Crypto Exchange Deribit’s Dubai-Based Entity Wins Conditional VASP License
The VASP license is mandatory and a prerequisite for conducting virtual asset business in Dubai. According to White & Case, the license, once obta [...]
Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license. Nexo’s regional entity [...]
Digital Asset Investment Platform Fasset Wins Operational Licence in Dubai
"As one of the most progressive regulatory frameworks in the world, the VARA approval is a crucial link in our global licensing portfolio, connecting [...]
Crypto Hedge Fund Nine Blocks Secures Digital Assets License From Dubai’s VARA
“Being market neutral, we don’t take any directional risk, so whether bitcoin is going up or going to go down doesn't matter much to us,” Arslanian sa [...]
Dubai’s crypto regulator VARA switches leadership as it ramps up operations
Dubai’s dedicated crypto regulator, the Virtual Asset Regulatory Authority (VARA), is switching leaders as it prepares for the next phase of its “ramp [...]
VARA CEO Henson Orser to Quit as More Than 12 Crypto Firms Face Fines: Report
Additionally, more than 12 crypto companies are set to be fined for not complying with guidelines by a Nov. 17 deadline, Bloomberg said, citing anonym [...]
Hex Trust Wins Full Operating License From Dubai Crypto Watchdog VARA
“Hex Trust is fully committed to expanding into the Middle East and sees enormous potential for digital asset growth given the progressive regulations [...]
Crypto.com Gets Licence to Operate Specified Services in Dubai
The exchange will then get operational approval to provide “exchange services, broker-dealer services, management and investment services, and lending [...]
VARA demonstrates how regulators, market can work in tandem: VARA Vice Chair
The Virtual Assets Regulatory Authority [VARA] is one of the earliest world regulatory bodies to release comprehensive crypto assets regulations to pr [...]
Dubai VARA grants ‘initial approval’ to crypto firm WadzPay
The Dubai Virtual Assets Regulatory Authority (VARA) has issued an “Initial Approval” license to the crypto firm WadzPay, marking a pivotal step in th [...]
Nomura’s crypto arm Laser Digital bags Dubai VARA license
The crypto arm of Nomura has obtained an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA) amid the Japanese financial holding’ [...]
Laser Digital, Nomura’s Crypto Arm, Receives Operating License From Dubai’s VARA
Laser Digital, the digital asset asset subsidiary of financial services giant Nomura, has received an operating license from Dubai’s Virtual Asset Reg [...]