Dubai’s Virtual Asset Regulatory Authority (VARA) has granted BitOasis, a United Arab Emirates-based crypto exchange, the first broker-dealer minimum viable product operational license.
BitOasis is the first broker-dealer to complete the minimum viable product (MVP) stage.
BitOasis can now provide broker-dealer services to qualified retail and institutional investors from its headquarters in Dubai.
VARA is yet to license any firm under the full market product (FMP) stage.
