Hex Trust, a cryptocurrency custodian based in Hong Kong, has been awarded approval to provide its services in Dubai to institutional customers and investors. On November 15, the company was granted a full Virtual Asset Service Provider (VASP) license by the Virtual Asset Regulatory Authority (VARA) in Dubai. In February
Dubai’s Virtual Assets Regulatory Authority (VARA) has declared a crucial deadline for cryptocurrency firms seeking to operate under its new regulatory framework. According to VARA’s announcement on Tuesday, all digital asset service providers in Dubai “must complete” their licensing applications by November 17, 2023. VARA revealed that it has already
The Virtual Asset Regulatory Authority (VARA) of Dubai has issued a full crypto license to Laser Digital, the cryptocurrency division of the Japanese banking giant, Nomura. Last Thursday, Dubai approved Laser Digital’s license, allowing the company to legally provide its services to both consumers and businesses. According to a press
