Bitpanda, the Austria-based digital asset platform, has secured a Broker-Dealer license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA), signaling the company\u2019s official entry into the Middle East and North Africa (MENA) market. This milestone marks Bitpanda\u2019s first fully licensed expansion outside of Europe.<\/p>\n\n\n\n
The newly granted license enables Bitpanda to offer its comprehensive digital asset services to investors across the UAE, providing access to more than 500 virtual assets, including crypto indices and automated savings plans. The platform\u2019s entry into Dubai aligns with the emirate\u2019s growing reputation as a global hub for digital finance, underpinned by VARA\u2019s progressive regulatory framework and focus on investor protection.<\/p>\n\n\n\n
To support its expansion, Bitpanda has established a permanent presence at the DMCC Crypto Centre in Dubai and assembled a regional team to customize its services for the local market. Onboarding for UAE-based investors is expected to begin in the coming months.<\/p>\n\n\n\n
Deputy CEO Lukas Enzersdorfer-Konrad expressed confidence in the company\u2019s approach, stating, \u201cWith our VARA licence, we are ensuring investors and financial institutions in the UAE have access to a fully compliant digital asset platform.\u201d<\/em><\/p>\n\n\n\n General Counsel Fabian Reinisch praised VARA\u2019s regulatory leadership and noted that the speed of the approval reflects Bitpanda\u2019s decade-long track record in compliance and security. He added, \u201cThis license is a testament to our commitment to working with regulators and delivering trusted, secure investment solutions.\u201d<\/em><\/p>\n\n\n\n Bitpanda\u2019s expansion into the UAE follows its recent success in securing a Markets in Crypto-Assets Regulation (MiCA) license from Germany\u2019s BaFin in January, allowing it to operate under a unified regulatory regime across all 27 EU member states. The company also holds multiple other regulatory approvals, including UK FCA registration, a PSD2 E-money license, and a MiFID II license, reinforcing its regulatory-first approach.<\/p>\n\n\n\n With this strategic move, Bitpanda aims to match Dubai\u2019s ambition of becoming a leading digital asset hub, offering secure and transparent access to virtual asset investing while setting new benchmarks for regulatory compliance in the region.<\/p>\n","protected":false},"excerpt":{"rendered":" Bitpanda, the Austria-based digital asset platform, has secured a Broker-Dealer license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA), signaling the company\u2019s official entry into the Middle East and North Africa (MENA) market. This milestone marks Bitpanda\u2019s first fully licensed expansion outside of Europe. The newly granted license enables Bitpanda to offer its comprehensive digital asset…<\/p>\n","protected":false},"author":3,"featured_media":7333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[647,177,648],"class_list":["post-7332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-bitpanda","tag-broker","tag-dubai"],"yoast_head":"\n