- Cryptocurrency Binance has received another license from Dubai’s crypto regulator.
- The approved services are crypto exchange services, conversion between cryptocurrencies and fiat currencies, transfer of crypto assets, custody and management, virtual token offering and trading services, and payments and remittance services.
- VARA, established in March under the Dubai Virtual Asset Regulation Law, is responsible for licensing and regulating the crypto sector in the Emirate of Dubai and its free zone territories (excluding DIFC) under UAE law.
Binance Receives License to Offer More Crypto Services in Dubai
