Cregis Custody FZE has obtained principled approval from Dubai VARA to advance its digital asset custody business layout

Cregis Custody FZE announced that it has received the In-Principle Approval (IPA) granted by the Dubai Virtual Assets Regulatory Authority (VARA), marking a significant milestone in its application for a Virtual Asset Service Provider (VASP) license.

Upon completing the subsequent regulatory requirements and obtaining final approval, Cregis Custody FZE will launch regulated digital asset custody services.