Cointelegraph Interview: VARA Crypto License Process in Dubai
Amid Dubai Blockchain Week and Token 2049 Dubai, discussions around acquiring a VARA crypto license have gained momentum. Comparatively, Dubai stands out as one of the most forward-thinking jurisdictions for launching a Web3 venture. The UAE continues to strengthen its digital asset landscape with the establishment of the Virtual Assets Regulatory Authority (VARA), setting a global benchmark in compliance-led innovation.
At NH Management, we pride ourselves on bridging the gap between innovation and regulation. Our team remains closely aligned with policymakers and stays ahead of legislative developments to deliver real-time guidance to our clients. From evaluating business readiness to managing regulatory interactions and licensing documentation, we provide a full-spectrum advisory service.
Cointelegraph recently interviewed Tao Xiao, Partner at NH Management, where he shared valuable insights into the complexity of VARA licensing and the importance of regulatory precision. As Dubai cements its role as a digital asset hub, NH Management continues to support leading blockchain firms through their licensing journey — ensuring clarity, compliance, and long-term operational success.
The Importance of VARA Crypto License
The Virtual Assets Regulatory Authority (VARA) is the principal body responsible for regulating and overseeing the provision, use, and exchange of virtual assets in and out of Dubai. Its jurisdiction spans Dubai’s mainland and most free zone regions, with the Dubai International Financial Centre (DIFC) as the sole exception. VARA has already licensed major global players such as Binance and OKX, reinforcing its credibility and global reach.
As Dubai accelerates its position as a leading hub for blockchain and digital asset innovation, obtaining a VARA license is not only a regulatory requirement — it is a strategic move. A VARA license ensures full compliance with evolving frameworks, fosters institutional trust, and unlocks access to a forward-thinking ecosystem built to support crypto-native and Web3 businesses.
NH Management advises clients through the full licensing journey, from eligibility assessment and regulatory preparation to post-license compliance and strategic structuring. Our close engagement with VARA enables us to deliver timely insights, tailored guidance, and a streamlined pathway to market entry — ensuring clients are equipped for long-term success in the UAE.
We work closely with startups, scale-ups, and established digital asset firms to align their operating models with regulatory expectations. Our advisory covers everything from business plan refinement and tokenomics reviews to risk management frameworks and AML policy design. By staying ahead of legislative developments and regulatory shifts, NH Management ensures that our clients not only secure licensing approval but are also prepared to scale sustainably in a rapidly evolving market.
NH Management: Leading the Way as a Virtual Asset Service Provider
At NH Management, we help crypto and blockchain companies confidently navigate Dubai’s evolving regulatory landscape. Our dedicated team ensures that startups and established players alike are well-positioned to capitalize on the vast opportunities within the UAE’s dynamic digital asset ecosystem. In particular, we provide end-to-end support through the VARA licensing process — from initial readiness assessments to full regulatory submissions and post-license compliance. Whether you’re entering the market or expanding your existing operations, we tailor our guidance to your business model and strategic goals. Our clients consistently commend our professionalism, depth of expertise, and hands-on approach, all of which have proven instrumental in helping them establish and scale within a regulated framework. We look forward to continuing our close collaboration with both VARA and our clients, driving the responsible growth and adoption of virtual assets in one of the world’s most forward-thinking jurisdictions.
Reach out via in**@**********nt.com or 800 64628. The NH Management team can certainly assist you with VARA licensing and other regulatory needs. Get in touch with us!
