#VARA

#VARA

Deribit's Dubai-based entity granted a conditional VASP license by VARA.

Deribit intends to move its global headquarters from Panama to Dubai. [ more ]

Nine Blocks Capital Management is the first cryptocurrency hedge fund to be granted a license under Dubai's Virtual Assets Regulatory Authority (VARA).

Dubai has created an ecosystem for crypto businesses with comprehensive regulations that address issuance, exchange services, and advertising.

Nine Blocks follows a market neutral trading strategy, profiting from arbitrage opportunities and market inefficiencies in the crypto space. [ more ]