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Komainu, the crypto custodian, has acquired a full Digital Asset Service Supplier (VASP) license from Dubai’s Digital Asset Regulatory Authority (VARA). The license permits the corporate to supply institutional staking, collateral administration, and custody companies through its Komainu Join platform. Komainu is among the many first corporations to obtain a full VASP license in Dubai, a rising area for crypto. VARA established a four-stage licensing course of in March 2022 to supply a regulatory framework for digital belongings. Komainu is planning to double its Dubai headcount by the tip of the yr.
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