Binance Becomes First Crypto Exchange To Get Major License In Dubai
Binance Gets Operational MVP License In Dubai Dubai’s Virtual Assets Regulatory Authority (VARA) approved Binance with an Operational Minimum Viable Product (MVP) license to operate virtual asset exchange services, according to an announcement on July 31. advertisement Alexander Chehade, Binance Dubai ’s General Manager, said: “The last few years have cemented Dubai as a global virtual asset hub and we are excited to be a witness to that growth as we build on our operations here, with continued commitment to market and investor security.” Binance’s Dubai subsidiary Binance FZE can now offer services approved by VARA, including virtual asset exchange and broker-dealer services. Initially, the crypto exchange will provide services to institutional and qualified retail investors. Recommended Articles Crypto Presale Projects For 2023 To Inv...