Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services
The post Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services appeared on BitcoinEthereumNews.com.
Key Takeaways: Gate Technology FZE (“Gate Dubai”) has been granted a full Virtual Asset Service Provider (VASP) licence by Dubai’s Virtual Asset Regulatory Authority (VARA). Under this licence, Gate Dubai can lawfully offer spot trading, fiat on-ramp/off-ramp, deposits, withdrawals, and custody to institutional, professional and retail clients. This regulatory approval is a cornerstone of Gate Group’s global, compliance-first expansion strategy. Dubai’s clear and progressive crypto framework makes it an ideal hub for Gate’s Middle East operations. Gate Dubai is now scaling its team and infrastructure in preparation for a fully regulated exchange launch. Licensing Milestone in Dubai Gate Dubai—a wholly owned subsidiary of Gate Group—has achieved a major regulatory milestone by securing a full VASP licence from VARA. This licence empowers the company to operate a fully compliant cryptocurrency exchange within Dubai’s onshore zone, offering a broad suite of services covering spot trading, custodial solutions, and fiat-crypto conversion. Achieving VARA approval involved meeting stringent criteria around governance, capital adequacy, cybersecurity, anti-money laundering (AML) controls, and consumer protection. Gate Group’s Compliance-Driven Growth Gate Group has pursued a “regulation-first” approach since its inception, building a network of licensed entities across key jurisdictions. By establishing fully compliant exchanges in markets that prioritize clear rules—such as Lithuania, Argentina, Gibraltar, Malta, Italy, the Bahamas, Hong Kong, and Japan (via the Coin Master acquisition)—the Group aims to mitigate regulatory risk while fostering trust among institutional partners and regulators alike. Gate Dubai’s licence is the latest addition to this mosaic of approvals. Dubai as a Strategic Crypto Hub Dubai has emerged as a leading global center for digital assets, thanks to a comprehensive regulatory framework, government support, and a vibrant fintech ecosystem. VARA’s licensing regime offers clarity on governance standards, capital requirements, and operational safeguards, making it one of the most robust in the Middle East. Gate…
