Cobo, a digital asset custodian and blockchain technology provider, has become one of the first companies to receive in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA), enabling it to begin approved operations in Dubai.
"Receiving this in-principle approval reflects Cobo's ongoing efforts to drive broader market adoption of blockchain technology and amplify its impact on the real economy," said Lily Z. King, COO of Cobo. "We remain committed to leveraging our extensive experience and technical capabilities to help institutional clients worldwide realize their vision in the crypto world."
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