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Binance Becomes First Virtual Asset Exchange to Receive Operational MVP License in Dubai

Binance has become the world's first exchange to receive an Operational Minimum Viable Product (MVP) License from Dubai's Virtual Assets Regulatory Authority (VARA). Eligible users can now access regulated virtual asset services in Dubai under VARA’s investor protection and market assurance standards. This achievement confirms Binance's commitment to building a compliant exchange in collaboration with local regulators.

VARA has issued Binance with an Operational MVP License to operate virtual asset exchange services. This milestone underscores the dedication of Binance to building a compliant exchange, and marks an epoch in the evolution of virtual asset services in Dubai and globally.

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