Flowdesk Expands Regulated Crypto Operations With Dubai Approval
8 Articles
8 Articles
Does Moving to the UAE Really Make Crypto Investing Easier?
UAE non-oil GDP grew 4.8% in Q1 2026 and accounted for 79.4% of total output. Individuals generally face corporate tax only when business turnover exceeds AED 1M. Dubai’s DMCC hosts 800+ Web3 firms, while Abu Dhabi had 20+ regulated firms by 2025. For crypto investors considering a move abroad, the UAE offers more than a favorable tax environment. Its regulated digital-asset infrastructure and growing financial ecosystem can also make it an attr…
ChainCatcher reports that Cregis Custody FZE has announced it has received In-Principle Approval (IPA) from the Dubai Virtual Asset Regulatory Authority (VARA), marking a significant milestone in its application for a Virtual Asset Service Provider (VASP) license. Upon fulfilling remaining regulatory requirements and obtaining final approval, Cregis Custody FZE will commence regulated digital asset custody services.
Key news: Flowdesk Omega FZE obtained a broker-dealer license from VARA, allowing it to serve qualified and institutional investors within and from Dubai. The authorization came two months after approval and follows a $102 million round to support the expansion of Flowdesk in the United Arab Emirates. Flowdesk is also regulated in Europe under MiCA, while Dubai concentrates more than 50% of the country’s licensed VASPs. Flowdesk Omega FZE, the D…
Business Wire
Crypto ReporterFlowdesk Receives Full VARA License for Broker-Dealer Services
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
