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Revolut wins in-principle VARA nod for crypto services in the UAE
Jul 15, 2026
< 1 min read
by Opeyemi Olanrewaju
for CryptoPolitan
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Revolut announced Wednesday that Dubai’s Virtual Assets Regulatory Authority (VARA) has granted in-principle approval for its Virtual Assets Service Provider (VASP) licence, clearing a key regulatory hurdle to offer crypto services in the UAE. The approval paves the way for regulated crypto trading, fintech expansion and greater adoption in the Arab region by enabling compliant market access and product rollout.
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Revolut has officially gotten past the first regulatory hurdle to offer crypto services in the United Arab Emirates. The fintech announced to its customers on Wednesday that Dubai’s Virtual Assets Regulatory Authority (VARA) has granted in-principle approval for its Virtual Assets Service Provider licence. This opens a path to regulated crypto trading in the Arab...
