CoinMENA FZE, a branch of the regulated crypto asset service provider CoinMENA B.S.C. (c), has been granted a Virtual Asset Service Provider (VASP) license by Dubai's Virtual Assets Regulatory Authority (VARA).
This license enables CoinMENA FZE to operate VA Broker-Dealer services in Dubai, expanding its reach beyond its Bahrain base.
With this new license, CoinMENA FZE can now serve clients directly from its Dubai Head Office, offering instant local banking services for UAE-based users, including swift money deposits and withdrawals.
Co-founders Dina Sam'an and Talal Tabbaa emphasise that Dubai's regulatory clarity is making it a global hub for crypto and digital asset financial services.