Crypto.com Licenced in the UAE to Offer Derivatives

Dubai’s VARA Extends Provisions of Crypto.com’s VASP Licence

Dubai, March 14, 2025 – Crypto.com has today announced it has been issued a limited licence by Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivatives in the UAE. This issuance extends the provisions of Crypto.com’s existing VASP licence to operate in the region.

With this limited licence, Crypto.com’s regional entity plans to initiate offering various derivatives products, including futures, perpetual swap contracts, and CFDs. These services will be first available to eligible institutions globally, with qualified investors to follow at a later date. Additionally through this limited licence, all Crypto.com retail users can access USD fiat rails for depositing and withdrawing USD from their Crypto.com account via Standard Chartered. 

This expansion of Crypto.com products and services is the focus of the Crypto.com Roadmap – the Company’s aggressive roll-out of some of its most significant updates and launches to come over the course of 2025.

“We are aggressively transforming and evolving Crypto.com to provide users around the world all of the financial technology tools they are looking for in one place,” said Eric Anziani, President and COO of Crypto.com. “With this approval from VARA for a limited licence, we are taking a significant and exciting step forward in our pursuit.”

This is the latest major milestone for Crypto.com’s Dubai entity, and follows the Company receiving its VASP licence in November 2023, receiving full operational approval in April 2024, and launching global retail services powered by Standard Chartered in August 2024.

About Crypto.com

Founded in 2016, Crypto.com is trusted by more than 100 million customers worldwide and is an industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.

Learn more at https://crypto.com.