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More than 50% of licensed VASPs in UAE choose VARA as TRIBE receives green light
Jul 2, 2026
< 1 min read
by Lara Abdul Malak
for CryptoPolitan
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The UAE now has 101 regulated Virtual Asset Service Providers (VASPs), with over 50% licensed under Dubai's VARA, and the regulator issued its 50th licensed VASP to Tribe Tokenization FZE. This licensing milestone signals regulatory maturation in crypto and tokenization markets and is likely to boost adoption, institutional confidence, and growth of VASP services and tokenization businesses.
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UAE now has 101 regulated Virtual Asset Service Providers, and more than 50% of the licensed VASPs are in VARA (Virtual Assets Regulatory Authority) in Dubai, UAE. The regulator issued its most recent and 50th licensed VASP to Tribe Tokenization FZE. On LinkedIn, Tribe wrote, “It’s been a long and challenging road, but today we...
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