Crypto.com has received a limited license from the Dubai Virtual Assets Regulator (VARA), allowing the company to offer derivatives in the UAE. The license expands the existing VASP license and will enable the launch of futures, perpetuals, and CFDs. In the initial phase, these services will be available only to institutional clients, with plans to expand to qualified investors. Additionally, thanks to the license, users will be able to make deposits and withdrawals in USD via Standard Chartered. This move aligns with Crypto.com's strategy of expanding its products in 2025.
3/15/2025 7:53:19 AM (GMT+1)
Crypto.com has received a limited license from VARA to offer derivatives in the UAE, expanding services for institutional clients and providing access to USD through Standard Chartered
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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