Avyanco eyeing to trump UAE’s cryptocurrency vision, helping crypto license acquisition and successful business transition

Avyanco eyeing to trump UAE’s cryptocurrency vision, helping crypto license acquisition and successful business transition

Supporting the UAE cryptocurrency vision, Avyanco, a credible advisory for aims to help organizations obtain crypto and virtual asset licenses for a smooth online business transition. The UAE government has introduced a new law on the Regulation of Virtual Assets (VAL) to become one of the leading jurisdictions for potential investors who want to set up business in Dubai in blockchain technology and virtual spaces. Crypto and blockchain technologies have tremendous potential to advance the global economy and trade. The UAE has recognized this potential and promoted the new business model shifts to virtual spaces like Metaverse. Avyanco fully supports UAE’s mandate to promote virtual currencies, metaverse and blockchain technologies to conduct businesses helping investors especially during company registration in Dubai while taking their entrepreneurship step in virtual spaces and trade through digital currencies like Bitcoin and more. Dubai wants to be the leading hub for crypto and blockchain assisting new industries emerging around virtual assets. Under the new UAE law launched by Sheikh Mohammed bin Rashid Al Maktoum, VARA acts as the regulatory authority to supervise, manage, regulate and control virtual assets. The authority will hold responsible to set the regulations and governing the conduct of virtual assets like