Binance FZE Reportedly Obtains VASP License from Virtual Assets Regulatory Authority (VARA) in Dubai

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Binance is pleased to announce that Binance FZE, their Dubai subsidiary, has received a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). Following the initial issuance of the Minimum Viable Product (MVP) license in July 2023, this marks “a significant milestone for Binance and the global virtual asset landscape.” The transition from an MVP to a VASP license allows Binance FZE “to extend its product offerings to the retail market

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