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Amber Group Dubai Subsidiary Receives Approval-in-Principle for Virtual Asset Service Provider License

Amber Premium FZE, a Dubai-based subsidiary of Amber Group, has received approval in principle for a Virtual Asset Service Provider (VASP) license granted by the Dubai Virtual Assets Regulatory Authority (VARA). This approval allows Amber Premium FZE to provide various virtual asset services while complying with UAE regulations. In addition, the report also mentions that Crypto.com has obtained a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). The license allows the crypto exchange to offer electronic money and fiat money payment services including prepaid cards.