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Crypto Custodian Komainu Receives a Full VASP License in Dubai!

August 22, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Crypto Dwell Information

Creator: Mustafa Mulla Aug 22, 2023 11:38

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

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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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Tags: CryptoCustodianDubaiFullKomainuLicenseReceivesVASP
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