Amber International secures virtual asset service provider license from VARA

Amber International (AMBR) announced that its Dubai subsidiary, Amber Premium FZE, has received a virtual asset service provider, or VASP, license from Dubai’s Virtual Assets Regulatory Authority, or VARA. The VASP license grants Amber Premium the authority to commence operations and to offer three regulated activities in and from the Emirate of Dubai, including virtual asset broker-dealer services, VA management and investment services, and VA lending and borrowing services for global institutional and qualified investors as defined under VARA’s rulebooks.