2024

United

April

<ul class="news-points">
 <li>Crypto.com gained full operational approval from Dubai’s VARA.</li>
 <li>The platform is the first global cryptocurrency operator approved in the UAE for use with fiat currency.</li>
 <li>It plans to expand services for institutional and retail users globally.</li>
</ul>
Crypto.com, a Singapore-based cryptocurrency exchange platform, announced that it had obtained full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA). Notably, this achievement marks the first time a global cryptocurrency operator has been given the green light to operate in the United Arab Emirates using fiat currency.
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We're excited to announce our full operational approval from Dubai’s Virtual Assets Regulatory Authority <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1e6-1f1ea.png" alt="🇦🇪" class="wp-smiley" style="height: 1em; max-height: 1em;"> Crypto․com Exchange will be available for institutional investors as our first launch in the region <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f64c.png" alt="🙌" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/6ZhHDdzPcT" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/6ZhHDdzPcT</a>— Crypto.com (@cryptocom) <a href="https://twitter.com/cryptocom/status/1777568445392920726?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 9, 2024</a>
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The platform’s X account broke this news to its followers, stating,&nbsp;
<blockquote class="wp-block-quote">
 We’re excited to announce our full operational approval from Dubai’s Virtual Assets Regulatory Authority. Crypto․com Exchange will be available for institutional investors as our first launch in the region.
</blockquote>
This news came after the…
The post <a href="https://coinedition.com/crypto-com-attains-full-operational-license-granted-by-dubais-vara/" rel="noopener noreferrer nofollow">Crypto.com Attains Full Operational License Granted by Dubai’s VARA</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto.com Attains Full Operational License Granted by Dubai’s VARA

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