Dossier
Virtual Assets Regulatory Authority (VARA)
Coverage of Virtual Assets Regulatory Authority (VARA) 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.