Binance Secures Full Virtual-Asset Services Provider License in Dubai

Binance, the world's largest crypto exchange by trading volume, said it has been awarded a full virtual-asset services provider (VASP) license by Dubai's Virtual Assets Regulatory Authority (VARA) almost a year after entering the third stage of the emirate's four-stage process. "As we secure the esteemed full market VASP Licence, it notably amplifies our unwavering commitment to advancing the financial landscape through compliance and innovation," CEO Richard Teng said in a statement . "This achievement embodies our dedication to transparency, regulatory compliance, and responsible growth in the dynamic digital assets...