DKK Partners secures Initial Approval from Dubai VARA

  • Date: 24-Feb-2024
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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DKK Partners secures Initial Approval from Dubai VARA

DKK Partners FZE, a subsidiary of DKK Partners, a leading FinTech company specializing in Emerging Markets (EM) and Foreign Exchange (FX) liquidity, has been granted Initial Approval by the Dubai Virtual Assets Regulatory Authority (VARA). The Initial Approval will allow DKK to offer Virtual Asset Broker Dealer Services in Dubai. DKK Partners FZE will continue […]DKK Partners FZE, a subsidiary of DKK Partners, a leading FinTech company specializing in Emerging Markets (EM) and Foreign Exchange (FX) liquidity, has been granted Initial Approval by the Dubai Virtual Assets Regulatory Authority (VARA).

The Initial Approval will allow DKK to offer Virtual Asset Broker Dealer Services in Dubai. DKK Partners FZE will continue to work towards acquiring a full Virtual Asset Service Provider License from VARA.

DKK Partners empowers corporates & institutions in emerging markets with expert FX solutions. They manage currency risk, secure optimal liquidity, & streamline local collections, driving business growth.

The VARA initial approval allows DKK FZE to move forward in the licensing process as they look to offer corporate and institutional customers in Dubai and the UAE access to stablecoin blockchain technology, utilizing USDT and USDC.

Khalid TalukderCo-Founder & CEODKK Partners

“It is an incredibly exciting time for DKK in the Middle East and