1 mo
To start a crypto business in Dubai, you must first define your specific activity and submit a detailed business plan to VARA. The company will then be issued an Approval to Incorporate and a commercial licence. After incorporation, the company must obtain a Virtual Asset Service Provider (VASP) licence. This can be done by disclosing internal policies, passing background checks, and appointing approved compliance officers. The business must also maintain a physical office in Dubai, meet specific minimum capital requirements, and adhere to AML and cybersecurity regulations. for more, visit : https://thelawreporters.com/how-to-start-crypto-business-dubai-vara-vasp-licence #legalnews #crypto...

