Aquanow obtains VASP license from Dubai VARA

Aquanow obtains VASP license from Dubai VARA

Aquanow, a leading crypto infrastructure provider, has been awarded Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license remains non-operational until the company fully satisfies all remaining conditions and selects localization requirements defined by VARA, following which it will be able to commence operations, subject to regulatory verification and […]Aquanow, a leading crypto infrastructure provider, has been awarded Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).

The license remains non-operational until the company fully satisfies all remaining conditions and selects localization requirements defined by VARA, following which it will be able to commence operations, subject to regulatory verification and approval.

The company, which is headquartered in Vancouver, Canada has worked closely with global financial institutions including top-tier banks, brokerages, payment service providers, and enterprises in unlocking a multitude of crypto use cases, and shaping their crypto strategy, since its inception in 2018.

Serving over 300 institutional clients across 50 countries, Aquanow ranks among the fastest-growing financial technology companies in North America with a four-year revenue growth rate of 1,842 percent, according to the Deloitte Technology Fast 500 list.

Phil ShamCo-Founder & CEO,Aquanow

“Dubai’s D33 vision of emerging as a top global financial center