{"id":19646,"date":"2024-12-01T07:55:11","date_gmt":"2024-12-01T07:55:11","guid":{"rendered":"https:\/\/cryptoproguide.com\/?p=19646"},"modified":"2024-12-01T07:58:14","modified_gmt":"2024-12-01T07:58:14","slug":"coinw-has-received-pre-approval-in-dubai-to-provide-services","status":"publish","type":"post","link":"https:\/\/cryptoproguide.com\/bg\/coinw-has-received-pre-approval-in-dubai-to-provide-services\/","title":{"rendered":"CoinW has received pre-approval in Dubai to provide services"},"content":{"rendered":"
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Representatives of the popular cryptocurrency exchange CoinW announced that it has received preliminary approval (VARA) from the Dubai Financial Regulator. This is an important strategic step towards obtaining a full-fledged license to operate as a service provider in the digital asset segment. This situation once again underscores the exchange’s commitment to compliance and its strategic focus on Dubai.<\/p>\n
This region is considered one of the key global centers for blockchain technology and digital assets. With VARA approval, the service can complete all operational processes to obtain a license that will allow it to provide regulated services. This stage is in line with CoinW’s mission in the context of creating a secure, transparent and client-oriented environment for cryptocurrency trading.<\/p>\n
Representatives of the service emphasized that in the short term they will focus on the development of technical infrastructure and compliance with strict VARA standards.<\/p>\n
Special attention is paid to security issues. The modern multi-user computing (MPC) wallet ecosystem will play an important role in terms of protecting client assets.<\/p>\n
Obtaining pre-approval reflects CoinW’s commitment to comply with all regulatory guidelines from one of the most promising regulatory regimes in the blockchain segment. This milestone reinforces the service’s reputation as a trusted service provider in the cryptocurrency industry.<\/p>\n
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