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Dubai crypto market hits 50 licensed firms after new VARA approval

Dubai’s VARA has licensed its 50th crypto firm, though only 39 VASPs were fully operational at the end of 2025 as the emirate’s regulated market continues to expand.

Dubai crypto market hits 50 licensed firms after new VARA approval

Published June 29, 2026 · Category: Markets

Overview

Dubai crypto market hits 50 licensed firms after new VARA approval

Details

Dubai’s VARA has licensed its 50th crypto firm, though only 39 VASPs were fully operational at the end of 2025 as the emirate’s regulated market continues to expand.

Source

Originally published at cointelegraph.com.

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