CRYPTO.COM SECURES VASP LICENCE IN DUBAI 14 November 2023’s Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Assets Service Provider (VASP) license by Dubai’s Virtual Assets Regulatory Authority (VARA), pending operational approval. The license will enable to offer a range of services to retail and institutional investors, including exchange services, broker-dealer services, investment services, and lending and borrowing services. Dubai’s regulatory efforts and support for the crypto industry have positioned it as a leading market for effective regulation and innovation in the cryptocurrency space.