Binance FZE, Binance's Dubai-based subsidiary, received a Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA) in April 2024 .
This development followed the issuance of a Minimum Viable Product (MVP) license to Binance FZE in July 2023
The VASP license enables Binance FZE to offer its products to individual users, qualified investors and institutional investors in the United Arab Emirates .
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