BITPRISMIA
Dubai's Virtual Asset Regulatory Authority (VARA) has approved its first Crypto Options License, marking a significant step in the emirate's efforts to become a global crypto hub by introducing regulated cryptocurrency derivatives.
Laser Digital, a subsidiary of Nomura, has obtained the first OTC crypto derivatives license in Dubai from VARA, marking a significant step in regulated digital asset services and institutional adoption.
Zodia Custody's acquisition of Tungsten Custody Solutions accelerates its expansion in the UAE, leveraging local expertise and regulatory compliance to strengthen its position in the growing crypto custody market.