ARP Digital secures Dubai VARA broker-dealer license
The license allows ARP Digital to offer regulated digital asset and stablecoin conversions into UAE dirhams as it expands its Gulf presence beyond Bahrain.
Bahrain-based ARP Digital has obtained a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority (VARA), enabling the firm to provide regulated conversions of digital assets into UAE dirhams. The approval allows ARP Digital to cater to UAE-based corporations, capital markets participants, and qualified investors, facilitating conversions between stablecoins and dirhams.
The license also enables ARP Digital to offer a regulated route for institutions to convert digital asset capital for deployment into local UAE assets. This marks ARP Digital’s second regulated Gulf market, following its license from the Central Bank of Bahrain, where it has processed over $3.5 billion in volume for more than 450 institutional and corporate counterparties, with four times year-over-year growth in 2025.
ARP Digital provides institutional services such as over-the-counter liquidity, cross-border settlement, fiat on- and off-ramps, and wealth management. The approval follows VARA's issuance of its 50th virtual asset service provider license in July, as Dubai continues to expand its regulated digital asset sector.
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