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TechFlow news, on June 26, according to an official announcement, Binance has successfully obtained a Virtual Asset Service Provider (VASP) license issued by Dubai's Virtual Assets Regulatory Authority (VARA). This license applies to Binance FZE, Binance’s local trading platform operating in Dubai. Under this arrangement, all accounts of UAE residents will be migrated from Binance’s global trading platform to the VARA-regulated Binance FZE platform.
On June 26, according to an official announcement, Binance has successfully obtained a Virtual Asset Service Provider (VASP) license issued by Dubai's Virtual Assets Regulatory Authority (VARA). This license applies to Binance FZE, Binance's local trading platform operating in Dubai. Under this arrangement, all UAE residents' accounts will be migrated from Binance's global trading platform to the VARA-regulated Binance FZE platform.
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