Tag Archives: vara

Bitpanda receives VARA approval to expand into the UAE, setting the stage for full operations with local partnerships and compliance. Bitpanda, Europe’s leading regulated cryptocurrency platform, is taking a significant step toward expanding globally. The company has received in-principle approval from the Virtual Assets Regulatory Authority (VARA) in Dubai. This approval takes Bitpanda closer to commencing its operations in the UAE under the entity, Bitpanda Broker MENA DMCC. However,...

CoinspeakerCrypto.com Officially Joins Adan Association for Crypto and Blockchain Development in France and Europe As a member of Adan, Crypto.com joins Binance, Bitpanda, OKX, and several crypto heavyweights to push for crypto and blockchain development. Crypto.com Officially Joins Adan Association for Crypto and Blockchain Development in France and Europe

Following the approval of its license by the Dubai Virtual Assets Regulatory Authority, OKX will be offering spot services and spot pairs to UAE residents. This comes as the country is establishing itself as a welcoming hub for crypto business. Crypto businesses looking to expand all over the world often face the challenge of needing to secure approval from various regulators to get started. As we’ve seen in the past, this is not always the most straightforward process and can come with a...

OKX Middle East had been offering certain products and services in the region since last July. Dubai’s Virtual Assets Regulatory Authority (VARA) has granted crypto exchange OKX a minimal viable product (MVP) preparatory license. This implies that the exchange is now cleared to fulfill all requirements to bag a full operational license in the region. According to a Thursday statement by OKX Middle East, once it receives this license, it will be able to extend its “approved suite of duly...