Nexo’s Dubai Entity Receives Initial Approval from Dubai’s Virtual Assets Regulatory Authority (VARA)

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The initial approval is a key milestone in the licensing process. VILNIUS, Lithuania Nexo, a leading digital assets institution, announced today that its Dubai entity, Nexo DWTC, has been awarded an Initial Approval [IA] by Dubai’s Virtual Assets Regulatory Authority (VARA) for Virtual Asset Lending & Borrowing, Management & Investment, and Broker-Dealer activities. ThisContinue Reading

Aquanow Awarded VASP License by Dubai’s VARA

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Aquanow has been awarded a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA) in Dubai, an emerging hub of Web3 innovation, with more than 500 crypto companies based in the Emirate. The license is a major milestone and is subject to fulfillment of post-license conditionsContinue Reading

Aquanow awarded Initial Approval from Dubai’s Virtual Assets Regulatory Authority

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DUBAI, United Arab Emirates — Aquanow, a leading digital assets infrastructure provider, announced today that it has received initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA), while it undertakes the in-depth process of applying for a license in accordance with VARA requirements. Aquanow was granted initial approval by VARA,Continue Reading