ARP Digital secures Dubai VARA broker-dealer license for digital assets
License enables regulated conversions of digital assets and stablecoins into UAE dirhams, supporting ARP Digital's regional expansion beyond Bahrain.
ARP Digital has secured a broker-dealer license from Dubai's Virtual Assets Regulatory Authority (VARA), permitting regulated digital asset and stablecoin conversions into UAE dirhams.
The license marks ARP Digital’s expansion in the Gulf region following its operations in Bahrain, positioning the firm to leverage Dubai’s growing digital asset market. VARA’s regulatory framework governs the issuance, trading, and custody of virtual assets, ensuring compliance with local financial standards.
ARP Digital, a digital asset and fintech company, did not disclose further financial or operational details regarding the license’s immediate commercial impact. The move aligns with Dubai’s strategy to establish itself as a global hub for digital asset innovation under VARA’s oversight.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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