VARA Licensed VASPs: 21 ▲ +3 YTD | Enforcement Actions: 36 ▲ +2 in 2026 | VARA Rulebook Version: v2.0 ▲ May 2025 | Licensed Activities: 7 Categories ▲ Full Market | VARA Applications Pending: 147 ▲ +12 | AML/CFT Circulars: 41 ▲ +4 in 2026 | Free Zone Partners: DWTCA + DET ▲ Active | Unlicensed Firms Listed: 36+ ▲ Growing | VARA Licensed VASPs: 21 ▲ +3 YTD | Enforcement Actions: 36 ▲ +2 in 2026 | VARA Rulebook Version: v2.0 ▲ May 2025 | Licensed Activities: 7 Categories ▲ Full Market | VARA Applications Pending: 147 ▲ +12 | AML/CFT Circulars: 41 ▲ +4 in 2026 | Free Zone Partners: DWTCA + DET ▲ Active | Unlicensed Firms Listed: 36+ ▲ Growing |

Entity Profiles

Detailed regulatory profiles of VARA-licensed Virtual Asset Service Providers operating in Dubai, including licensing status, permitted activities, and compliance history.

Binance Dubai — Regulatory Profile

Profile of Binance's Dubai operations, holder of a VARA MVP licence since September 2022, operating as one of the largest licensed virtual asset exchanges in Dubai.

Updated Jan 1, 0001

BitOasis — Regulatory Profile

Profile of BitOasis, the first broker-dealer to secure a VARA MVP Operational Licence in May 2023, operating as MENA's leading regional cryptocurrency trading platform.

Updated Jan 1, 0001

Bybit Dubai — Regulatory Profile

Profile of Bybit's Dubai operations and VARA regulatory engagement, covering the exchange's presence in Dubai's licensed virtual asset ecosystem.

Updated Jan 1, 0001

Crypto.com Dubai — Regulatory Profile

Profile of Crypto.com's Dubai operations, holder of a VARA MVP Preparatory Licence since March 2023, operating as a major licensed virtual asset platform in Dubai.

Updated Jan 1, 0001

DWTCA — Dubai World Trade Centre Authority Profile

Profile of the Dubai World Trade Centre Authority, the institutional home of VARA and primary free zone hub for licensed virtual asset service providers in Dubai.

Updated Jan 1, 0001

OKX Middle East — Regulatory Profile

Profile of OKX Middle East, holder of a VARA MVP Preparatory Licence since June 2023, operating with the UAE as a strategic global and regional business hub.

Updated Jan 1, 0001

Rain Financial — Regulatory Profile

Profile of Rain Financial, a MENA-focused cryptocurrency exchange with operations across the Gulf region, and its regulatory engagement with Dubai's VARA framework.

Updated Jan 1, 0001

VARA — Virtual Assets Regulatory Authority Profile

Comprehensive regulatory profile of the Virtual Assets Regulatory Authority (VARA), the world's first independent regulator for virtual assets, established in Dubai under the DWTCA.

Updated Jan 1, 0001
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