Dubai Approves First Crypto Options License, Cementing Regulatory Leadership
Dubai's Virtual Assets Regulatory Authority (VARA) has granted the world's first cryptocurrency options license to Laser Digital, a Nomura-backed firm. This landmark decision establishes Dubai as the first jurisdiction to provide a regulated framework for complex crypto derivatives trading.
The approval enables institutional OTC crypto options trading under VARA's oversight, creating a blueprint for merging financial innovation with compliance. As global regulators grapple with digital asset policies, Dubai is building the infrastructure for tomorrow's institutional crypto markets.