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Binance obtains Dubai licence to target retail clients

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Photo: Reuters
Photo: Reuters
By Reuters
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DUBAI: Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai’s regulator VARA that will allow the platform to target retail clients in addition to qualified and institutional ones.

Binance to end support for USDC stablecoin on Tron blockchain network

Under the Virtual Asset Service Provider (VASP) licence, unit Binance FZE will also be able to extend its current services beyond spot trading and fiat services by offering margin trading products - for qualified users - and staking products, it said in a statement.

Cryptocurrency Binance VARA

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