Cryptocurrency News
0 Comments
Digital asset infrastructure company BitGo MENA FZE announced today that it has secured a Broker-Dealer licence from the Dubai Virtual Assets Regulatory Authority (VARA).
The license enables BitGo MENA to provide regulated digital asset trading and intermediation services to institutional clients across the region and supports the company’s continued global expansion.
With this approval, investors can leverage BitGo’s integrated OTC trading desk and electronic trading platform for spot trading across thousands of digital assets and stablecoins. Clients will also gain aggregated access to deep liquidity from dozens of top-tier market makers and exchanges, enabling competitive pricing, reliable execution, and institutional-grade security.
“Receiving our broker-dealer license from VARA is a milestone for BitGo MENA and a testament to both our commitment to compliance and the strength of Dubai’s progressive regulatory environment,” said Ben Choy, General Manager of BitGo MENA. “This approval allows us to serve institutional clients with greater scale, confidence, and integrity, while also underscoring the accelerating momentum within Dubai’s digital asset ecosystem. VARA’s clear and forward-thinking framework sets a global standard for responsible innovation, and we are proud to contribute to building a secure, transparent, and leading digital asset ecosystem in the region.”
“This milestone empowers us to offer institutional-grade trading services, seamlessly integrated with our VARA-regulated, and insured custody infrastructure, ensuring clients the ability to trade with security and confidence,” said Nick Coombs, Managing Director of MENA Sales. “Our clients will benefit from competitive pricing and execution, alongside access to deep liquidity, with trading support for both AED and USD. Coupled with local banking facilities, we are uniquely positioned to deliver a tailored, high-performance trading experience for the MENA region. This offering is designed to provide a transformative solution for MENA clients, providing a secure, efficient, and locally optimized platform that we believe will set a new standard for institutional trading in the region.”
Cryptocurrency News /
Cryptocurrency News /
Cryptocurrency News /
Your email address will not be published. Required fields are marked *
LEADING BROKERS
LATEST NEWS
FNG NEWSLETTER
With FNG’s Newsletter you’ll get all the latest breaking FX Industry news stories – in a concise daily email, directly to your Inbox.
Back to Top
Get FNG’s daily newsletter to receive notice of all articles like this one, in a concise daily email.
Subscribe now!