Abstract:Bitpanda has officially obtained a full broker-dealer license from the Dubai Virtual Assets Regulatory Authority (VARA), marking a significant milestone in its international expansion. This approval, which follows preliminary authorization granted three months earlier, enables the European digital asset exchange to introduce its comprehensive suite of virtual asset services to investors in the United Arab Emirates (UAE).
Bitpanda has officially obtained a full broker-dealer license from the Dubai Virtual Assets Regulatory Authority (VARA), marking a significant milestone in its international expansion. This approval, which follows preliminary authorisation granted three months earlier, enables the European digital asset exchange to introduce its comprehensive suite of virtual asset services to investors in the United Arab Emirates (UAE).
This development positions Bitpanda as one of the few fully licensed virtual asset service providers operating in Dubai. With the new license, the company will offer more than 500 cryptocurrencies, crypto indices, and savings plans to investors in the region. The move underscores the UAEs growing reputation as a global hub for digital assets, driven by regulatory clarity and a supportive investment climate.
Bitpandas leadership has emphasised the strategic significance of this expansion. The company credits its rapid regulatory approval to its decade-long expertise in digital asset management and strict adherence to regulatory standards. The UAE, recognised for its forward-thinking approach to virtual assets, provides an ideal environment for the exchange to extend its regulated platform to a new audience.
The firm already holds multiple regulatory approvals across Europe, including a Markets in Crypto-Assets Regulation (MiCAR) license from Germany‘s Federal Financial Supervisory Authority (BaFin) and registration with the UK’s Financial Conduct Authority (FCA). These credentials have enabled Bitpanda to operate within the European Union under a unified regulatory framework, granting it access to 27 EU member states.
In line with its expansion plans, Bitpanda is establishing operations at the DMCC Crypto Centre in Dubai. A dedicated regional team is already in place, with investor onboarding set to begin in the coming months. The move aligns with the companys broader objective of providing a secure, fully regulated trading environment for investors in the Middle East.
Dubai has rapidly positioned itself as a key destination for cryptocurrency firms, attracting major players in the industry due to its well-defined regulations and investor protection measures. The addition of Bitpanda to the regions growing list of licensed exchanges further strengthens its status as a global financial and digital asset hub.
With its UAE license now in place, Bitpanda is poised to introduce one of the most extensive digital asset offerings in the market, reinforcing its commitment to compliance, security, and innovation. As regulatory frameworks continue to evolve, the companys expansion into Dubai serves as a model for crypto exchanges seeking to operate within structured, investor-friendly jurisdictions.
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