GAP 3 Partners FZCO Makes History as Dubai’s First VARA-Licensed Crypto Investment Advisor
Dubai’s crypto scene just leveled up—GAP 3 Partners FZCO snagged the city’s first virtual asset investment advisor license from VARA. No more regulatory gray areas for this firm.
Why it matters: While traditional finance still debates whether crypto is ‘real,’ Dubai’s regulators are handing out licenses like bullish traders stacking SATs. GAP 3 now has the golden ticket to advise clients on digital assets without worrying about midnight raids from the compliance goons.
The fine print: VARA’s stamp of approval means GAP 3 cleared anti-money laundering checks, capital requirements, and probably a few existential questions about stablecoins. Meanwhile, Wall Street banks are still trying to figure out how to custody Bitcoin without offending their legacy clients.
Bottom line: Another win for crypto’s institutional adoption—and another reminder that the smart money moves where the regulation is clear (and the tax rates are friendly). Just don’t ask them about last cycle’s ‘sure thing’ altcoin picks.