Dubai sole virtual asset regulator administering full market product licences in Dubai outside DIFC.
Regulatory overview
Dubai’s Virtual Assets Regulatory Authority (VARA) regulates virtual asset activities in and from the Emirate of Dubai (excluding DIFC). The Full Market Product (FMP) licence grants authorization for specific activity rulebooks such as Exchange Services, Broker-Dealer Services, and Custody Services.
Regulatory status
In force
Last verified
Authorized activity categories
These are activities within the regime, not permissions held by every registered entity. The individual authorization controls the permitted scope.
Exchange
Broker-dealer
Custody
Transfer
What this does not establish
Full VASP licence is distinct from conditional In-Principle Approval (IPA). VARA licence applies to Dubai and does not automatically cover DIFC or other Emirates.
Application requirements
Compliance with VARA Compulsory Rulebooks, minimum paid-up capital, local physical presence, and client money protection.
This is a limited summary, not a complete application checklist.
Reviewed legal-entity records
Only published, source-linked records for this regime appear here. Brand relationships are separately evidenced.
Primary-source editorial review: CryptoPartner, 22 Oct 2026. This review covers the recorded regime facts, not every provider in the regulator’s register.
