Dossier
Virtual Asset Service Providers (VASPs)
Coverage of Virtual Asset Service Providers (VASPs) in the Nexus archive.
- Dubai crypto market hits 50 licensed firms after new VARA approval
Dubai's Virtual Assets Regulatory Authority (VARA) has licensed its 50th cryptocurrency firm, although only 39 Virtual Asset Service Providers (VASPs) were fully operational by the end of 2025 as the emirate's regulated market continues to expand.