{"id":66732,"date":"2025-10-18T12:51:18","date_gmt":"2025-10-18T08:51:18","guid":{"rendered":"https:\/\/blog.dubaicityguide.com\/site\/?p=66732"},"modified":"2025-10-18T12:51:18","modified_gmt":"2025-10-18T08:51:18","slug":"xbase-secures-in-principle-approval-from-dubai-vara-for-broker-dealer-licence","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/xbase-secures-in-principle-approval-from-dubai-vara-for-broker-dealer-licence\/","title":{"rendered":"XBase Secures In-Principle Approval From Dubai VARA For Broker-Dealer Licence"},"content":{"rendered":"<p>XBase Virtual Assets Broker &amp; Dealer Services (XBase), a subsidiary of <a href=\"http:\/\/www.xbdgroup.com\">XBD Group<\/a>, today announced that it has received In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) for a Broker-Dealer Services Licence.<\/p>\n<p>This approval marks the final stage before XBase begins operations, pending full authorisation \u2014 a pivotal milestone in the UAE\u2019s rapidly expanding virtual assets and digital finance sector, and a testament to Dubai\u2019s position as a global hub for regulated virtual asset activity.<\/p>\n<p>The achievement aligns with <a href=\"https:\/\/dubaiverse.io\/\" target=\"_blank\" rel=\"noopener\">Dubai\u2019s<\/a> broader efforts to establish a transparent and trusted virtual assets ecosystem. The emirate now leads the world\u2019s largest licensed virtual assets market, with trading volumes exceeding AED 2.5 trillion since the start of 2025.<\/p>\n<p>Zeeshan Uppal, Chief Executive Officer, XBase Virtual Assets Broker &amp; Dealer Services, said: \u201cSecuring VARA\u2019s In-Principle Approval marks a key milestone in our global expansion. It underscores our commitment to delivering secure, compliant, and client-focused trading infrastructure for institutional and qualified investors. We commend VARA\u2019s transparent and progressive regulatory framework, which ensures Dubai remains at the forefront of the global digital economy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XBase Virtual Assets Broker &amp; Dealer Services (XBase), a subsidiary of XBD Group, today announced that it has received In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) for a Broker-Dealer Services Licence. This approval marks the final stage before XBase begins operations, pending full authorisation \u2014 a pivotal milestone in the UAE\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":66733,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-66732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/66732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=66732"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/66732\/revisions"}],"predecessor-version":[{"id":66734,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/66732\/revisions\/66734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/66733"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=66732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=66732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=66732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}