DKK Digital FZE, a Dubai-based subsidiary of DKK Partners based in London, has secured full regulatory approval from the Dubai Virtual Assets Regulatory Authority (VARA) to operate as a licensed Virtual Asset Service Provider (VASP) Broker/Dealer. This significant milestone positions DKK Digital as one of the selected licensed entities authorised to operate within Dubaiโs rapidly growing virtual asset ecosystem.
As a licensed VASP under VARAโs globally recognised framework, DKK Digital is now authorised to offer a comprehensive suite of regulated digital asset services, including fiat on/off ramp infrastructure and liquidity provision for stablecoins such as Electronic Dirham (EAED), USD Tether (USDT), USD Coin (USDC), and Ripple USD (XRP). DKK Digital plans to immediately scale its operations in the UAE, further developing solutions for institutional clients, retail investors and ecosystem partners across the Middle East and beyond.
Khalid Talukder, Co-Founder & CEO of DKK Digital, commented: โReceiving full regulatory approval from VARA is a major milestone for DKK Digital and a strong validation of our commitment to building within a compliant and forward-thinking framework while contributing to Dubaiโs vision as a global hub for blockchain and Web3 innovation. Dubai is quickly becoming a global hub for digital asset innovation, and weโre proud to be among the first to meet the high standards set by VARA. This license enables us to officially operate as a regulated Broker/Dealer VASP and further strengthens our ability to deliver secure, institutional-grade digital asset solutions across the region and beyond.โ
This regulatory green light empowers DKK Digital to solidify its presence in the UAE and for future expansion across the GCC, offering its clients quick, secure access to stablecoin solutions. The firmโs approval also reinforces its capacity to build robust partnerships with banks, fintech companies and financial institutions across the regions, enabling regulated services for cross-border settlements, FX markets and treasury operations.
With this license, DKK Digital further affirms its commitment to Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF) compliance under one of the most advanced regulatory regimes globally.
