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Crypto.com Secures VARA Limited License to Offer Derivatives in UAE

  • Crypto.com has obtained a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to provide derivatives products in the UAE market.
  • The license allows Crypto.com to offer futures, perpetual swap contracts, and Contracts for Difference (CFDs).
  • Crypto.com's partnership with UAE-based Tawasal will help promote the exchange across the Middle East and allow its 4 million users to trade cryptocurrencies.
  • The new license and partnership support Crypto.com's global expansion strategy and aim to establish the company as a leader in the digital asset market.

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