VARA

On March 20th, according to the official blog, Crypto.com announced that it had obtained a MVP preliminary license from the Dubai Virtual Assets Regulatory Authority (VARA). The MVP phase of the preparatory phase allows approved licensees to meet all the prerequisites necessary to conduct MVP market operations within the VARA system. Interpretation of this information: Crypto.com, a cryptocurrency exchange platform, has secured a major milestone towards obtaining full licensing as per the regulations by the Dubai Virtual Assets Regulatory Authority (VARA). On March 20th, Crypto.com officially announced that it has…