Wins Digital Asset License in Dubai Wins Digital Asset License in Dubai has been granted a license to operate specified virtual asset service activities in Dubai, the crypto exchange announced on Tuesday.

The license has been granted to its Dubai entity, CRO DAX Middle East FZE, which received a minimal viable product (MVP) preparatory approval from Dubai’s Virtual Assets Regulatory Authority (VARA) in March.

Receiving a full license involves three stages: a provisional permit, a preparatory license and an operating license. is now in the third stage of the process, but the company will need to satisfy localization requirements and conditions to commence operations.

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The exchange will then get operational approval to provide “exchange

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