Guavy AI Editorial TeamSentiment: 2.5Clout: 45

Dubai Crypto Market Hits 50 Licensed Firms After VARA Approval

The Dubai crypto market has reached a milestone with over 50 licensed firms after receiving approval from the Virtual Assets Regulatory Authority (VARA).

This marks a significant development in the region's growing interest in cryptocurrency and blockchain technology.

Dubai's VARA has been actively promoting the development of the virtual assets sector, and this latest milestone is seen as a testament to its efforts.