Dubai-based OKX Middle East Fintech FZE, a subsidiary of the world’s second-largest cryptocurrency exchange, OKX, has secured a license from the Dubai Virtual Assets Regulatory Authority (VARA). The Dubai virtual assets services provider (VASP) license will facilitate fiat transactions and allow the exchange to provide spot services and pairs to institutional and qualified retail customers. Operational within weeks, this marks a significant move as Dubai attracts the crypto community.