Zawya Press Release: ARP Digital receives in-principle approval from Dubai’s Virtual Assets Regulatory Authority
Bahrain-headquartered firm extends regulated digital asset infrastructure across a second GCC jurisdiction, establishing dual-framework regulatory coverage across both the Central Bank of Bahrain and the Dubai Virtual Assets Regulatory Authority
DUBAI, UAE - ARP Digital, a regulated digital capital infrastructure platform, today announced that it has received in-principle approval from the Dubai Virtual Assets Regulatory Authority (VARA) to provide Broker-Dealer services in Dubai. The approval extends ARP Digital’s multi-jurisdictional regulatory framework into the UAE, the region’s largest digital asset market by transaction volume.
The UAE has emerged as one of the world’s largest concentrations of digital asset wealth, held by individuals and institutions that lack a compliant, institutionally governed pathway to deploy that capital into local financial markets. VARA’s in-principle approval positions ARP Digital to serve that demand directly, providing regulated digital asset conversion to local fiat currency for UAE-domiciled corporates and capital markets participants.