Bitpanda has secured a full Broker-Dealer license from the Dubai Virtual Assets Regulatory Authority (VARA), allowing it to offer services in the UAE.
This marks Bitpanda's first fully licensed expansion outside of Europe.
The license enables Bitpanda to introduce a wide range of virtual assets to UAE investors, including over 500 cryptocurrencies, crypto indices, and savings plans.
The UAE's regulatory clarity and investor-friendly policies have made it an attractive destination for crypto firms, and Bitpanda's entry will provide local investors with access to a comprehensive digital asset offering.