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Arbeat Group FZE ("Arbeat") has received its Full Virtual Asset Service Provider (VASP) Licence from Dubai's Virtual Assets Regulatory Authority (VARA), under reference number VL/26/07/001.
The licence authorises Arbeat to conduct Virtual Asset Exchange Services and Virtual Asset Broker-Dealer Services under VARA's regulatory framework, in accordance with the conditions and requirements set out by the regulator.
VARA is the dedicated regulator overseeing virtual asset activities within the Emirate of Dubai, operating a licensing framework that covers exchange, broker-dealer, custody, and other virtual asset services. Firms seeking to operate in these categories must meet the authority's conditions before receiving full authorisation.
With the Full Licence now in place, Arbeat is authorised to offer regulated virtual asset exchange and broker-dealer services within VARA's supervisory framework.
Arbeat's team will continue to operate within VARA's ongoing supervisory framework and will provide further updates as the company progresses in its regional activities.
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