[ARP Digital Obtains Dubai VARA Broker-Dealer License]
According to Cointelegraph, institutional digital asset infrastructure provider ARP Digital has obtained a broker-dealer license issued by the Dubai Virtual Assets Regulatory Authority (VARA), allowing it to offer digital asset-to-Dirham exchange services in the UAE. The license covers UAE enterprises, capital market participants, and qualified investors, including the exchange of stablecoins and Dirhams. This is ARP Digital's second regulatory approval in the Gulf region, having already processed over $3.5 billion in transaction volume in Bahrain, serving more than 450 institutional clients, with business volume projected to grow fourfold by 2025.
