<ul><li>Bitpanda, a prominent European digital asset platform, has secured in-principle approval from the Dubai Virtual Asset Regulatory Authority (VARA), making it the first European crypto firm to gain entry into Dubai’s digital asset market.</li><li>Dubai has emerged as a global cryptocurrency and blockchain innovation hub, offering a supportive regulatory environment for crypto businesses and investors.</li><li>Bitpanda plans to establish a regional headquarters in Dubai to expand globally, taking advantage of the city's crypto-friendly status and vibrant ecosystem.</li><li>While additional regulatory requirements need to be fulfilled for full authorization, Bitpanda's approval underscores its commitment to contribute to Dubai's growing crypto ecosystem and solidify its presence in one of the world's most promising crypto markets.</li></ul>

Bitpanda becomes first European firm to secure Dubai VARA in-principle approval

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