April 20, 2025

Binance secures VASP license from Dubai’s VARA for local exchange

1 min read

Binance has announced that it has received a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license is specifically for its local exchange in Dubai, Binance FZE. The new license means that all UAE resident users will gradually need to update their Know Your Customer (KYC) information. Binance will

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Source: Cryptopolitan

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