Dubai’s Liquidity Fintech FZE Receives Initial Approval to Offer Virtual Asset Services

Liquidity Fintech FZE, a subsidiary of Liquidity Tech based in Dubai, has received ‘in-principle approval’ (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) to operate as a virtual asset service provider (VASP). This authorization allows the company to engage in virtual asset brokerage and proprietary trading activities within the United Arab Emirates. The firm aims to serve as a hub for qualified and institutional investors in the Middle East, capitalizing on VARA’s emphasis on balancing innovation and investor protection within its licensing framework.