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.
Dubai's Virtual Assets Regulatory Authority (VARA) has now licensed its 50th crypto firm. Although only 39 Virtual Asset Service Providers (VASPs) were fully operational by the end of 2025, this milestone signifies the continued expansion and regulation of Dubai's crypto market.…
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