Bitgo MENA FZE announced that it has obtained a Broker‑Dealer license from the Dubai Virtual Assets Regulatory Authority (VARA), allowing the firm to offer regulated digital asset trading and intermediation services to institutional clients across the region.
Bitgo Secures VARA Broker‑Dealer License to Launch Regulated Institutional Trading in Dubai
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The approval enables Bitgo to operate an integrated OTC trading desk and electronic trading platform for spot trading in thousands of digital assets and stablecoins, with access to aggregated liquidity from multiple market makers and exchanges. Ben Choy, General Manager of Bitgo MENA, framed the approval as a validation of Dubai’s regulatory framework and Bitgo’s compliance efforts, while Nick Coombs, MD of MENA Sales, said the offering will deliver a locally optimized, high‑performance trading experience intended to set a new standard for institutional digital‑asset services in the MENA region.
