B2B Prime Digital MENA receives Initial Approval from Dubai VARA

B2B Prime Digital MENA receives Initial Approval from Dubai VARA

B2Prime Group, a liquidity provider, has announced that its subsidiary B2B Prime Digital MENA granted an Initial Approval for licensing from the Dubai Virtual Assets Regulatory Authority (VARA). This milestone signifies the granting of Initial approvals from VARA for licenses covering activities of “Virtual Asset Exchange Services,” “Virtual Asset Broker Dealer Services,” and “Virtual Asset Transfer […]B2Prime Group, a liquidity provider, has announced that its subsidiary B2B Prime Digital MENA granted an Initial Approval for licensing from the Dubai Virtual Assets Regulatory Authority (VARA).

This milestone signifies the granting of Initial approvals from VARA for licenses covering activities of “Virtual Asset Exchange Services,” “Virtual Asset Broker Dealer Services,” and “Virtual Asset Transfer and Settlement Services”.

The VARA’s Initial Approval is an essential milestone in B2B Primes’s pursuit of a complete Virtual Asset Service Provider (VASP) License and will allow it to move forward in the licensing process and ultimately offer comprehensive Exchange, Broker Dealer and Transfer and Settlement virtual asset services and related activities in the region in the future.

Ms. Eugenia Mykuliak, Founder of B2Prime, expressed her gratitude for this achievement, stating that, “We are excited to contribute to the growth of Dubai’s ever-growing Virtual assets ecosystem.”

Arthur AzizovCo-FounderB2B Prime Digital MENA

“We are extremely