Crypto.com Secures Full Operational License to Launch Crypto Exchange in Dubai

Big news for cryptocurrency enthusiasts in the UAE! Specifically, Crypto.com has received a license to operate a crypto exchange in Dubai, according to a statement from the company. This marks a significant step for Crypto.com's expansion in the Middle East, bolstering its presence in a rapidly growing virtual asset market.

They noted that their Dubai entity, CRO DAX Middle East Crypto.com, a leading global crypto exchange, announced today that it has received a full operational license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license allows Crypto.com to offer a wider range of crypto services to users in Dubai and the broader region, adhering to the stringent regulatory framework established by VARA.

Crypto.com announced Tuesday that its Dubai-based entity achieved full operational approval from the Virtual Assets Regulatory Authority (VARA). It will commence offering its comprehensive suite of crypto trading and investment products to qualified investors and users, further solidifying Dubai's position as a global hub for virtual assets.

This landmark achievement for Crypto.com signifies the growing acceptance and regulation of cryptocurrencies in Dubai. The full operational license from VARA enables Crypto.com to operate a compliant and secure crypto exchange, providing a trusted platform for users to engage with digital assets. Stay tuned for more updates on Crypto.com's launch and offerings in Dubai!