Fastex Gets Initial Approval From VARA In Dubai
Fastex, a crypto exchange, payments gateway, and e-commerce platform, has opened an office in the Dubai World Trade Center to seek a license from Dubai’s virtual asset regulatory authority (VARA).
Fastex chose the move because of its proximity, enabling them to work closely with VARA and expedite the licensing process.
Fastex has also received initial approval from VARA to conduct Broker-Dealer and Exchange operations, demonstrating its commitment to regulatory compliance.
The move is a significant step in Fastex’s growth strategy, demonstrating its commitment to industry standards and high-quality service in the digital asset field.
(With inputs from Shikha Singh)
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