Amber Premium FZE Secures Virtual Asset Service Provider License from Dubai’s VARA
Amber International Holding Limited announced that its Dubai subsidiary, Amber Premium FZE, has obtained a Virtual Asset Service Provider (VASP) License from Dubai’s Virtual Assets Regulatory Authority (VARA). This license permits Amber Premium FZE to offer regulated virtual asset services, including Broker-Dealer, Management and Investment, and Lending and Borrowing services, to global institutional and qualified investors. The VASP license is a significant step in Amber Premium's regional expansion and its commitment to providing institutional-grade digital wealth infrastructure in the UAE. Michael Wu, CEO and Chairman of Amber Premium, emphasized the company's focus on compliance and its contribution to the integrity of the local financial ecosystem. VARA, established under Dubai Law No. 4 of 2022, is the first independent regulator for virtual assets globally, aiming to set benchmarks for market integrity, investor protection, and innovation.