VA Custody Services Licence / Dubai / VARA
CapitalAED 600,000 source
Granted activities
by client typeActivityCONSUMERSMECORPORATEREG. FIVIA INTERMED.
Provide custody and administration of crypto-assets on behalf of clientsVARA requires custody to be housed in a distinct standalone-licensed legal entity None None Conditional Conditional None
Conditional: the grant carries the conditions listed under the activity.
Requirements
Minimum capitalAED 600,000 source
Passporting reach
This regime does not passport into other jurisdictions.
Holders
No company holds this regime.
Products unlocked
Stablecoin custody1 marketcorporate · regulated-fi
Derived business models
Computed from granted activities × permitted client types × passporting mode — not an opinion label.
B2BSME +1 · 1 activity granted
B2B2BREG. FI · 1 activity granted
Open questions on this regime
No open questions recorded against this regime.
Resolved coverage in dubai (vara virtual-asset scope, outside difc)
COVERED
Dubai (VARA virtual-asset scope, outside DIFC)1
Crypto custody admin
own licencecorporate · regulated FIconditionalhypothetical
UNVERIFIED — CLAIMED, NOT TRACEABLE TO A LICENCE
No unverified rows.
Need this implemented in your product?
I turn requirements like these into flows, vendor setups, tests and audit evidence.
Regime: VA Custody Services Licence / Dubai / VARA