Bitpanda secures a Full Broker-dealer license in Dubai

Bitpanda, a leading European virtual assets platform, has secured a full Broker-Dealer license from the Dubai Virtual Assets Regulatory Authority (VARA).

This marks its first fully licensed expansion outside of Europe, enabling the company to offer its services in the UAE. Bitpanda's platform will provide access to over 500 virtual assets tailored for UAE investors.

The company has also established a permanent office at the DMCC Crypto Centre in Dubai and plans to begin onboarding local investors in the coming months.

This milestone highlights Dubai's appeal as a global hub for digital assets due to its progressive regulatory framework and investor-friendly policies.

Bitpanda aims to set a new benchmark for secure and compliant virtual asset investing in the region.

The license approval further underscores Bitpanda’s commitment to regulatory compliance, building on its extensive licensing portfolio across Europe, including a MiCAR license from Germany's BaFin and other approvals from the UK’s FCA and various EU regulators.

It ensures that Bitpanda operates under Dubai's robust regulatory framework, providing a secure and compliant environment for digital asset investments.

Dubai’s Virtual Assets Regulatory Authority (VARA) emphasizes innovation alongside investor protection, offering a safe space for financial growth in digital assets.

Bitpanda is working to develop products specifically tailored to the UAE market, ensuring that local investors and institutions benefit from customized solutions.

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