Crypto
Home›Crypto›Regulation›ARP Digital gets Dubai broker-dealer license from VARA
ARP Digital gets Dubai broker-dealer license from VARA
The VARA approval allows the Bahrain-based firm to convert stablecoins and other digital assets into UAE dirhams for UAE corporates and capital markets participants.
ARP Digital has secured a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority, expanding the Bahrain-based firm’s regulated Gulf presence beyond Bahrain, according to Cointelegraph.
The license enables ARP Digital to offer regulated conversions between digital assets and UAE dirhams, including conversions between stablecoins and dirhams, covering UAE-based corporates, capital markets participants, and qualified investors.
ARP Digital said it will also provide a regulated route for institutions to convert digital-asset capital for deployment into local UAE assets.
Cointelegraph also notes ARP Digital’s license is its second regulated Gulf market, and the firm said its Bahrain license, overseen by the Central Bank of Bahrain, supported more than $3.5 billion in volume across over 450 institutional and corporate counterparties, with fourfold year-over-year growth in 2025.