Cryptocurrency exchange Huobi has received provisional approval from the Dubai Virtual Assets Regulatory Authority (VARA), joining other competitors to expand footprints in the gulf-nation.
Huobi recently became the latest cryptocurrency exchange platform to be granted provisional approval by the Dubai Virtual Assets Regulatory Authority, a statement from the company has said.
The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE).