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BitGo Secures VARA Broker-Dealer Licence to Launch Regulated Institutional Trading Services in Dubai
BitGo MENA FZE (“BitGo MENA”), the digital asset infrastructure company, announced that it has secured a Broker-Dealer licence from the Dubai Virtual Assets Regulatory Authority (VARA). The license enables BitGo MENA to provide regulated digital asset trading and intermediation services to institutional clients across the region and supports the company’s continued global expansion.
- With this approval, investors can leverage BitGo’s integrated OTC trading desk and electronic trading platform for spot trading across thousands of digital assets and stablecoins. Clients will also gain aggregated access to deep liquidity from dozens of top-tier market makers and exchanges, enabling competitive pricing, reliable execution, and institutional-grade security.
“Receiving our broker-dealer license from VARA is a milestone for BitGo MENA and a testament to both our commitment to compliance and the strength of Dubai’s progressive regulatory environment,” said Ben Choy, General Manager of BitGo MENA.
“This approval allows us to serve institutional clients with greater scale, confidence, and integrity, while also underscoring the accelerating momentum within Dubai’s digital asset ecosystem. VARA’s clear and forward-thinking framework sets a global standard for responsible innovation, and we are proud to contribute to building a secure, transparent, and leading digital asset ecosystem in the region.”
“This milestone empowers us to offer institutional-grade trading services, seamlessly integrated with our VARA-regulated, and insured custody infrastructure, ensuring clients the ability to trade with security and confidence,” said Nick Coombs, Managing Director of MENA Sales.
“Our clients will benefit from competitive pricing and execution, alongside access to deep liquidity, with trading support for both AED and USD. Coupled with local banking facilities, we are uniquely positioned to deliver a tailored, high-performance trading experience for the MENA region. This offering is designed to provide a transformative solution for MENA clients, providing a secure, efficient, and locally optimized platform that we believe will set a new standard for institutional trading in the region.”
BitGo’s commitment to security and compliance aligns directly with VARA’s comprehensive regulatory framework, which is designed to safeguard investors, ensure market integrity, and prom
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Boku Deepens LATAM Commitment, Readies Merchants for Brazil’s Digital Payments Revolution via Pix
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MAPFRE is the Largest Multinational Insurance Company in Latin America
MAPFRE is the leading multinational insurance group operating in Latin America, with $10.932 billion in premiums, $133 million more than the previous year, and a market share of 5.1%.
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The African Development Bank’s Office of Integrity and Anti-Corruption (PIAC) (www.AfDB.org) and the Special Investigations Unit (SIU) of South Africa have signed a Memorandum of Understanding establishing a framework for cooperation between the two organizations for information sharing and capacity building.
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The 4th edition of the Africa Fintech Forum will take place on 15th October 2025 at the Pullman, Nairobi, Upper Hill, bringing together leaders, innovators, and policymakers from across the African financial technology ecosystem.
EXCLUSIVE: “Zee Whizz! Adapting to a New Banking Generation” – Joud Zaumot, Mambu and Andrzej Szelemetko, GFT Technologies in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
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Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
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