Amber Group's Dubai subsidiary has received preliminary approval for a virtual asset service provider license

ChainCatcher news, according to Bitcoin.com News, the digital asset company Amber Group announced that its Dubai subsidiary Amber Premium FZE has received the principle approval for a Virtual Asset Service Provider (VASP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA). This approval allows Amber Premium FZE to offer a variety of virtual asset services in compliance with UAE regulatory requirements.