BitGo Wins VARA License in Dubai as Regulators Target Violators

TLDR BitGo received a broker-dealer license from the Virtual Assets Regulatory Authority in Dubai. The license allows BitGo to offer regulated digital asset trading to institutional clients in the MENA region. VARA announced financial penalties against 19 companies for conducting unlicensed virtual asset activities. BitGo’s approval follows recent regulatory expansion in Europe with a license [...]

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