Cryptocurrency Q&A How do I get a VARA license?

How do I get a VARA license?

DigitalLegend Thu Oct 24 2024 | 5 answers 1108

I am interested in obtaining a VARA license. I would like to know the steps and requirements needed to apply for this license. Can someone please guide me through the process of getting a VARA license? How do I get a VARA license?

5 answers

KpopStarlet Sat Oct 26 2024

Alternatively, the IDQ can be submitted to a relevant Free Zone (FZ), depending on the specific requirements and regulations of the area.

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198

EnchantedDreams Sat Oct 26 2024

Along with the IDQ, additional documentation may be required by DET or the FZ. This documentation is necessary to support the application and provide further details about the firm.

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299

Tommaso Sat Oct 26 2024

Applicants must prepare and submit all required documents promptly to avoid delays in the application process.

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394

CherryBlossom Sat Oct 26 2024

Once the necessary documentation is submitted, the initial fees required to commence the application review must be paid. Typically, this amount is 50% of the total licence application fee.

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167

DigitalDuke Sat Oct 26 2024

To apply for a VARA Licence as a new firm, the initial step involves submitting an Initial Disclosure Questionnaire (IDQ) to Dubai Economy & Tourism (DET).

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