Crypto.com, a leading name trusted by over 80 million users globally for its commitment to regulatory compliance and security, has achieved a landmark victory in Dubai. The company’s Dubai branch, CRO DAX Middle East FZE, received the green light from the Virtual Assets Regulatory Authority (VARA) to operate fully, launching an exclusive Crypto.com Exchange for institutional investors. This milestone, a first for any global crypto operator with fiat operations in the UAE, follows the company’s compliance with the Virtual Asset Service Provider Licence requirements set in November 2023.

Designed for institutional clients and qualified retail investors, the new exchange boasts deep liquidity, advanced trading options, and a variety of other services, including staking and OTC offerings. Crypto.com’s operational approval paves the way for further expansion in the UAE, with plans for the Crypto.com App and more retail-oriented products in the pipeline. Eric Anziani and Stuart Isted of Crypto.com laud Dubai’s progressive stance on crypto, expressing enthusiasm for future collaborations with VARA to foster industry growth.

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