Dubai virtual asset regulator awards 19 regulated VASP licenses with 72 more to come
VARA, Dubai’s virtual asset regulatory authority has announced that in 2023 it awarded 19 regulated VASP licenses, of which 11 are already operational. In addition 72 initial approvals have been issued to new entrants and have commenced licensing process. The regulatory also stated that it had issued 133 application acknowledgement notices which is a reflection…