Bitpanda Receives Initial Approval from VARA to Enter UAE Market
After receiving initial approval from the Virtual Assets Regulatory Authority (VARA) in Dubai, the European-regulated platform Bitpanda is on the verge of entering the UAE market, confirming its commitment to complying with international regulations. This achievement paves the way for Bitpanda to officially start its operations in the UAE under the umbrella of Bitpanda Broker MENA DMCC, once it receives the final operating license.
The approval comes less than eight months after submitting its license application, confirming Bitpanda’s commitment to regulatory standards and innovation in the digital assets sector. This development not only enhances Bitpanda’s international presence, but also represents a pioneering step towards its global expansion beyond the borders of the European continent, strengthening its position as a key, trusted player in the digital currency sector.
Strategic Growth in the Middle East