The company secured the regulatory milestone in under eight months from its initial submission, positioning itself to launch operations as Bitpanda Broker MENA DMCC
VARA
Latest in VARA
digital assets
Digital assets solutions provider Hex Trust secures VASP license from Dubai’s VARA for markets arm
The approval follows the issuance of Hex Trust’s full VASP License in November 2023
binance
Dubai’s VARA grants crypto exchange Binance FZE full virtual asset service provider license
Crypto exchange Binnace FZE secures a full virtual asset service provider license in Dubai
crypto
Crypto.com handed licence to trade in Dubai
Crypto.com handed full operational approval from Dubai’s Virtual Assets Regulatory Authority
Bitcoin
UAE, Saudi cash in on crypto activity as global market cools
As traditional markets struggle, the Gulf’s burgeoning crypto adoption suggests the tide is turning once more for digital assets, reflecting ongoing resilience in UAE and Saudi Arabia despite downturns
VARA
TOKO and Virtuzone launch Dubai’s first tokenised equity funding platform
TOKO and Virtuzone partner onequity funding platform
Cryptocurrency
Dubai slaps $2.7mn fine on Three Arrows Capital’s crypto exchange OPNX
Dubai’s VARA revealed that it had placed a fine of AED10 million ($2.7 million) on the company in May, which remains unpaid
binance
Binance receives Dubai’s VARA operational MVP licence
The approval of Binance FZE’s operational licence by VARA represents a significant development for the virtual asset industry
BitOasis
Dubai suspends BitOasis crypto license over regulation failure
The platform is currently being monitored for compliance and fulfillment of remedial actions
crypto exchange
Dubai crypto exchange MaskEX gets VARA approval for launching operations in UAE
The exchange will offer a range of products, including savings packages, deeply liquid markets across a wide range of trading pairs, and efficient on- and off-ramp products to help users easily convert fiat currency to digital assets and vice versa
Blockchain
UAE legal experts welcome crypto rules
Lawyers in the UAE back Virtual Asset Regulatory Authority to offer structure to world’s fastest growing crypto market
Cryptocurrency
Dubai’s VARA announces new crypto rules for 2023
Dubai’s Virtual Asset Regulatory Authority issues guidelines for crypto trading in the city
decentralised
Dubai to put metaverse into a legal framework: Obstacles and forecasts
The trend is clear: The integration of regulatory authorities into the metaverse has begun, and where one entity enters, others will follow over time
Cryptocurrency
Dubai crypto businesses to double in 2022 as global industry sees exponential growth: expert
There will be an explosion of Web 3.0 based start-ups, new jobs, and investment opportunities in the region, says Yoshi Markets’ Mustafa Kheriba
binance
Dubai’s new virtual assets law will lead to “increased investments by firms already in the crypto industry”: expert
Dubai’s new virtual assets law is meant to provide a regulatory framework for businesses dealing with cryptocurrencies in various formats be it security tokens, DeFi projects and NFTs, an expert said
binance
Binance granted virtual asset license to anchor a blockchain tech hub in DWTC by Dubai’s new Virtual Assets Regulatory Authority
Dubai is the first global economy to have set up a specialised regulator for the virtual assets sector and will be further developing this VARA governed ecosystem of credible, reputable, and innovative international leaders
Arab female artist
Crypto, NFT artwork industry in Dubai receives “protection”, adoption boost with new virtual assets law: expert
Dubai’s new Virtual Asset Regulation Authority (VARA) will create an advanced legal framework to protect investors and design international standards to govern crypto, NFTs, and virtual assets