{
  "id": 622023,
  "title": "Flowdesk Secures Dubai VARA Broker-Dealer Licence",
  "url": "https://urgent.news/2026/08/12/flowdesk-secures-dubai-vara-broker-dealer-licence",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-12T02:28:52.000Z",
  "source": {
    "name": "Korea IT Times",
    "slug": "korea-it-times",
    "url": "https://www.koreaittimes.com/news/articleView.html?idxno=156016"
  },
  "original_language": "en",
  "account": null,
  "summary": "Flowdesk, a digital asset trading and technology firm, has secured a broker-dealer licence from Dubai’s Virtual Assets Regulatory Authority (VARA). The licence was granted to Flowdesk Omega FZE, the company’s Dubai entity, on August 10, following an in-principle approval in June. This approval completes VARA’s multi-stage licensing process and expands Flowdesk’s regulated operations after it obtained authorisation in France as a crypto-asset service provider under the European Union’s Markets in Crypto-Assets Regulation (MiCA). Flowdesk provides liquidity and over-the-counter trading services to institutional clients and digital asset issuers, including spot and derivatives trading, treasury management, and exchange-traded fund liquidity. The company operates a non-custodial market-making model, where token issuers retain control of their assets. With this new licence, Flowdesk can offer regulated broker-dealer services in Dubai, catering to institutional and qualified clients as the region explores stablecoin settlement and tokenised real-world assets.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}