Bitpanda, the Europe-based digital asset platform, has received preliminary approval from the Virtual Asset Regulatory Authority (VARA) for its expansion plans to the United Arab Emirates (UAE). This regulatory approval paves the way for Bitpanda to consolidate its presence in the Middle East and is in line with its growth strategy outside of Europe. Dubai stands out as a global digital finance hub that attracts crypto firms with its innovation-focused regulations. Bitpanda needs to meet additional requirements, such as establishing a local office, to obtain its operational license in the UAE. What do you think about these developments? Share them in the comments.