CoinMENA secures Dubai VARA license for broker-dealer services
With the VARA license, CoinMENA can offer full-scale broker-dealer services and instant transactions in Dubai, a major step in regulatory compliance and user-centric innovation.
Latest Virtual Asset Regulatory Authority News
Dubai: With a VASP license, GCEX can now serve Gulf’s institutional investors
GCEX has secured Dubai VASP license for institutional investors, leveraging XplorDigital, prioritizing regulatory compliance, and planning Web 3-aligned innovative products in accordance with VARA standards.
Dubai’s VARA shifts leadership for market operations following CEO departure
Dubai's VARA is reshaping leadership for market growth as CEO Henson Orser departs. Finance expert Mathew White is stepping in, marking a strategic shift for the regulatory authority.
Laser Digital obtains in-principle approval to operate in Abu Dhabi’s financial free zone
Laser Digital has secured approval from Abu Dhabi Global Market to offer digital currency and traditional asset services, positioning itself as a key player in the region's thriving Web3 ecosystem.
Dubai’s VARA grants Komainu full operating license after rigorous process
With the full operating license, Komainu is expanding its digital currency services beyond custody with institutional staking and collateral management services.
Dubai’s VARA approves digital asset staking for VASPs under amended rule
VARA's latest amendment opens doors for Dubai's custodial firms to stake digital currencies, eliminating extra licensing hurdles and attracting global providers to the innovative financial hub.
OPNX violations land 3AC founders with $2.7M fine by Dubai’s VARA
Dubai's VARA fines Three Arrows Capital founders $2.7 million for OPNX exchange violations and imposes fines on individual executives for breaching digital asset promotion rules.
Nomura subsidiary secures VASP license from Dubai’s digital asset regulator
Dubai's VARA has granted Nomura-backed Laser Digital a VASP permit, allowing it to expand the scope of its offering to include broker-dealer and OTC trading services.
BitOasis secures landmark MVP license in Dubai
With the MVP license, BitOasis now has the right to provide broker-dealer services in Dubai to qualified retail and institutional investors.
Dubai releases full market regulations for virtual assets service providers
Under the Full Market Product Regulations, all entities looking to offer virtual currency services in Dubai must obtain a license from VARA first.
Dubai issues new guidelines for digital assets marketing, promotion and advertising
The VARA rules cover all digital asset-related communications leveraging Dubai-based media sites, search platforms, and publishing channels that target customers within the Emirate.