Hong Kong-based crypto investment platform Q9 Capital has reportedly obtained provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA). The provisional approval allows Q9 Capital to set up offices in Dubai and offer digital asset exchange services to pre-qualified investors and financial companies. After obtaining a full operating license, it could provide services to qualified investors and financial service providers. James Quinn, a managing partner of the crypto platform, said the company will comply with the regulatory framework in Dubai and continue building partnerships to expand the firm’s presence in the region.

Source: https://cointelegraph.com