On March 14, 2025, Dubai's virtual assets regulator awarded Crypto.com a limited license, permitting derivatives trading in the United Arab Emirates.
Expanding Crypto Derivatives in the UAE
Crypto.com’s regional entity will roll out derivatives products through the newly granted approval, including futures contracts, perpetual swaps, and CFDs. Initially, these will be accessible to institutional clients globally, followed by qualified investors.
A Key Milestone in Crypto.com’s 2025 Roadmap
The license enables Crypto.com to progress with its multifaceted expansion plan until 2025, implementing advanced financial elements on its platform. Eric Anziani, President and COO, stated, “With this approval from VARA, we are taking a significant and exciting step forward in our pursuit.”
Crypto.com’s Regulatory Progress in Dubai
The UAE entity of Crypto.com secured key regulatory approvals from VARA as part of its development series. Notable events include: November 2023 – granted VASP license from VARA; April 2024 – received full operational authorization to start business in Dubai; August 2024 – established global retail services through collaboration with Standard Chartered.
Crypto.com continues to strengthen its market presence by obtaining key licenses and expanding its financial services globally.
