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Revolut Receives In-Principle Approval from Dubai’s VARA to Offer Cryptocurrency-Related Services in the UAE
Svmuu News: British fintech company Revolut announced in a statement that it has received approval in principle from the Dubai Virtual Assets Regulatory Authority (VARA) to conduct crypto-asset-related business in the United Arab Emirates. The scope of Revolut’s approval includes brokerage, asset management and investment, as well as cryptocurrency trading services. Revolut said that in the future, users in the UAE will be able to buy, sell, and hold digital assets through the Revolut app and the Revolut X trading platform. (Cointelegraph)
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