FF News Logo
Sunday, April 19, 2026
FinovateSpring | FFNews

Breaking News

InsurTech NY: General Magic on How AI Text Agents Are Cutting Insurance Quote Time NOTO: Why AI Fraud Prevention Needs Human Interaction to Beat the ‘Tick in the Box’ Mentality MPE 2026: Mastercard and Deutsche Bank on Reducing Complexity for Merchants InsurTech NY: QuickFacts on Broker Data Houston Fraley on Why Security Is the Foundation of Trust in FinTech Fintech Meetup 2026: What Brings You to Fintech Meetup This Year? Pay360 2026: Why Are People Attending Pay360 2026? Finastra: Balancing Innovation and Trust in Payments NatWest Group to Expand Scope of Financial Education Into UK Workplaces to Help Address Confidence Gap Guidewire Launches ProNavigator, Embedding Expert AI Insights into Insurance Workflows Kin Launches Direct-to-Consumer Home Insurance in Oklahoma Slash Achieves Unicorn Status Following $100m Series C Fundraise City of San Diego Selects Klear.ai in a Highly Competitive Process to Modernize Risk Management Operations BingX Renews Chelsea FC Partnership, Bolstering Leadership in Global Sports Strategy Alkami to Expand GenAI Capabilities with the Launch of Alkami Code Studio
XBase, a subsidiary of XBD Group, receives In-Principle Approval from the Dubai Virtual Assets Regulatory Authority (VARA) for its Broker-Dealer Services Licence, advancing Dubai’s leadership in regulated digital finance.

October 22 2025

XBase Secures In-Principle Approval from Dubai VARA for Broker-Dealer Licence

Share this post:

Share on LinkedIn Share on WhatsApp

XBase Virtual Assets Broker & Dealer Services (XBase), a subsidiary of XBD Group, today announced that it has received In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) for a Broker-Dealer Services Licence.

This approval marks the final stage before XBase begins operations, pending full authorisation — a pivotal milestone in the UAE’s rapidly expanding virtual assets and digital finance sector, and a testament to Dubai’s position as a global hub for regulated virtual asset activity.

The achievement aligns with Dubai’s broader efforts to establish a transparent and trusted virtual assets ecosystem. The emirate now leads the world’s largest licensed virtual assets market, with trading volumes exceeding AED 2.5 trillion since the start of 2025.

Zeeshan Uppal, Chief Executive Officer, XBase Virtual Assets Broker & Dealer Services, said: “Securing VARA’s In-Principle Approval marks a key milestone in our global expansion. It underscores our commitment to delivering secure, compliant, and client-focused trading infrastructure for institutional and qualified investors. We commend VARA’s transparent and progressive regulatory framework, which ensures Dubai remains at the forefront of the global digital economy.”

People In This Post

Zeeshan Uppal

XBD Group

Companies In This Post

XBD Group
  1. InsurTech NY: General Magic on How AI Text Agents Are Cutting Insurance Quote Time

    Insurtech

     Read more
  2. NOTO: Why AI Fraud Prevention Needs Human Interaction to Beat the ‘Tick in the Box’ Mentality

    Fintech TV

     Read more
  3. MPE 2026: Mastercard and Deutsche Bank on Reducing Complexity for Merchants

    Event Videos 2026

     Read more
  4. InsurTech NY: QuickFacts on Broker Data

    Insurtech

     Read more
  5. Houston Fraley on Why Security Is the Foundation of Trust in FinTech

    Thought Leadership

     Read more
Financial Services Risk & Compliance
More On