Dubai crypto market hits 50 licensed firms after new VARA approval
Covered by 2 sources · 2 articles
2 outlets - including Defi-planet and Cointelegraph - are covering this story. Dubai’s Virtual Assets Regulatory Authority (VARA) has issued its 50th virtual asset service provider (VASP) license, another milestone in the emirate’s effort to build a regulated cryptocurrency industry. The achievement shows the steady g…
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Dubai’s VARA Reaches 50 Crypto Licenses as More Firms Move Toward Full Operations
Dubai’s Virtual Assets Regulatory Authority (VARA) has issued its 50th virtual asset service provider (VASP) license, another milestone in the emirate’s effort to build a regulated cryptocurrency industry. The achievement shows the steady g…
Dubai crypto market hits 50 licensed firms after new VARA approval
Dubai’s VARA has licensed its 50th crypto firm, though only 39 VASPs were fully operational at the end of 2025 as the emirate’s regulated market continues to expand.