Revolut secures VARA in-principle approval to launch regulated crypto trading and exchange services in the UAE, pending final approval.
- Revolut has received in-principle approval from Dubai's Virtual Assets Regulatory Authority (VARA) to offer crypto services in the UAE.
- This approval, pending final authorization, will allow users to trade and exchange digital assets via the Revolut app and Revolut X.
- The move signifies Revolut's global expansion strategy within regulated digital asset markets and strengthens Dubai's position as a crypto hub.
Topics: Jurisdictions, Legal regulatory, Infrastructure providers, Emerging hubs, Regulatory sandboxes pilots, Tokenization platforms
Tags: #revolut #vara #uae #crypto #fintech #digitalassets #licensing #revolutx #dubai
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