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Bitpanda Expands to UAE After Securing VARA License


Vienna-based crypto platform Bitpanda has obtained a broker-dealer license from Dubai’s VARA, allowing it to serve users in the UAE. Bitpanda Expands Into the Middle East Bitpanda, the Vienna-based crypto asset platform, has secured a broker-dealer license from the Dubai Virtual Assets...

Investor Alert: Dubai Regulator VARA Flags Unlicensed MKAN Coin Platform


The Virtual Assets Regulatory Authority (VARA) has issued an alert regarding MKAN Coin DMCC, which advertised virtual asset activities in the United Arab Emirates (UAE) without the necessary regulatory approval. VARA has instructed the company to cease all unlicensed operations and imposed a fine....

Bitoasis Secures Full VASP License From Dubai’s VARA


Bitoasis, a leading virtual asset platform in the Middle East and North Africa (MENA) region, has received a full virtual asset service providers (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). Securing the full VASP License marks the final step in VARA’s licensing...

Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations


The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of...

Dubai Regulator Increases Scrutiny on Crypto Companies


Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented stricter regulations for crypto companies to enhance investor protection and ensure transparency. The new rules require firms to include risk warnings in marketing materials, obtain necessary licenses, and adhere to compliance...

Crypto.com Gets Bahrain License, Amber Group Approved in Dubai


Crypto.com has secured a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). This license allows the crypto exchange to offer e-money and fiat-based payment services, including its prepaid cards, in the region. The approval adds to Crypto.com’s growing list...

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