Dubai's Virtual Assets Regulatory Authority (VARA) has given secured regulatory approval to the Blockchain wallet and Cryptocurrency exchange platform Blockchain.com
Crypto exchanges are currently operating in North America, South America, Singapore, and Europe. Now it will start working in Dubai.
The headquarters of Blockchain.com is situated in London and that is one of the oldest infrastructures for Bitcoins
Recently, Crypto.com and OKX exchange platform received provisional virtual assets license by VARA.
Blockchain.com said that the company is actively pursuing an additional license in other countries as well.
United Arab Emirates (Dubai) is a business hub so it is trying to attract new forms of business.