Dubai grants BitOasis the first broker-dealer MVP license

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.


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