ARP Digital Secures Dubai VARA Broker-Dealer License

ARP Digital has secured a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority. The approval allows the firm to offer regulated digital asset and stablecoin conversions into UAE dirhams as it expands its Gulf presence beyond Bahrain.

ARP Digital Secures Dubai VARA Broker-Dealer License

What happened?

ARP Digital has secured a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority. The approval allows the firm to offer regulated digital asset and stablecoin conversions into UAE dirhams as it expands its Gulf presence beyond Bahrain.

Why it matters

ARP Digital has obtained a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority, allowing the company to provide regulated digital asset services in the emirate.

ARP Digital has obtained a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority, allowing the company to provide regulated digital asset services in the emirate.

The approval matters because it gives ARP Digital a regulated route to offer conversions involving digital assets and stablecoins into UAE dirhams. For users and companies operating in the region, that adds another licensed provider to Dubai’s growing virtual asset market.

The license also supports ARP Digital’s broader Gulf expansion. The company is already active in Bahrain, and the Dubai approval extends its regulated footprint into another key financial center in the region.

Dubai has positioned regulated virtual asset activity as part of its financial services development, with VARA overseeing licensing for crypto firms operating in the emirate. ARP Digital’s approval places the firm within that framework as it builds services for digital asset conversion and settlement needs.

The development reflects continued institutional interest in compliant crypto infrastructure across the Gulf, particularly around stablecoin and fiat conversion services tied to local currencies.

Source: Cointelegraph

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