Nomura, CoinShares, Ledger three way partnership Komainu wins Dubai crypto license

Komainu, a three way partnership between Nomura and crypto corporations CoinShares and Ledger, has acquired a full working license from Dubai’s Digital Asset Regulatory Authority (VARA).

The United Arab Emirates has opened its door to crypto improvements, supported by federal grants and pro-crypto laws aiming to nurture entrepreneurs. Attaining a VARA license in Dubai is a three-step course of requiring crypto exchanges to qualify for provisional approval, a minimal viable product (MVP) license and a full market product license.

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