Dubai’s licensing surge is reshaping the global crypto race
- Dubai’s Virtual Assets Regulatory Authority (VARA) has approved its 50th crypto licence, highlighting continued growth in the emirate’s regulated digital asset sector.
- The milestone strengthens Dubai’s position alongside other regulated crypto hubs as exchanges, custodians and blockchain firms expand under licensing frameworks.
- Competition between global regulators and changing compliance requirements remain the main challenge for firms seeking cross-border crypto operations.







