The Virtual Assets Regulatory Authority (VARA) is responsible for regulating and overseeing the provision, use, and exchange of virtual assets in and from the emirate of Dubai.
VARA Regulations set out a comprehensive Virtual Asset framework.
To apply for a VARA licence all applicants follow a two-step process.
VARA publishes a list of licensed Virtual Asset Service Providers (VASP) in the emirate of Dubai.
VARA is the world’s first, tailor-made Virtual Assets regime, and as such, its regulations are designed to specifically cater for the provision of permissible activities and services to customers and investors, in and from the emirate of Dubai.
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