The major virtual assets platform of Europe, Bitpanda, has obtained a dealer-brker license from Dubai Digital Belongings Regulatory Authority (Vara). This license was approved in a record time and will now allow Bitpanda to provide its virtual assets platforms in UAE. With this license, Bitpanda UAE will provide investors access to more than 500 virtual assets, which will be the most detailed virtual assets available in the market.
Bitpanda expands to UAE from Vara License
This step of Bitpanda will start a new era in UAE’s digital assets space. The UAE has rapidly made its mark as a global hub for digital assets, where Vara provides both security and regulatory climps to investors. Bitpanda is planning to set up a secure, regulator backd and user-friendly virtual assets investment platforms in UAE, taking advantage of the opportunity. Bitpanda’s CEO said about the license that their purpose is to provide a completely compliment digital asset platform for UAE’s investors and financial institution, which follows Higher Regulated Standards. Crypto exchanges To read more similar news related to the news, you click on the link.
Uae Extension of operations in
Bitpanda has established its permanent office at DMCC Crypto Center in Dubai and now it also has an expert team to develop a custom product for the UAE market. The onboarding process for UAE investors will start in the coming months. This license is not just a new step for Bitpanda, but also a chance to express its operation in Growth Laving and Regulatory Sensitive Market.
Conclusion
With this license from Vara, Bitpanda has set a new standard along with strengthening its appearance in the UAE, which Cryptocurrency For example, the investment of virtual assets will make it safe, regulator-sensitive and user-friendly. Through this license, Bitpanda will provide a global digital asset platform to UAE investors and this is an important step towards its international experience.
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