Dubai – A Rising Hub for Digital Assets
Dubai is quickly solidifying its reputation as a global hub for digital asset providers, and the latest company to join the movement is Bitpanda. The European digital investment platform has just secured a Virtual Assets Broker Licence from Dubai’s Virtual Asset Regulatory Authority (VARA)—a significant milestone that positions the company for rapid expansion in the UAE.
With this new licence in hand, Bitpanda will soon offer over 500 digital assets to investors across the Emirates, reinforcing Dubai’s growing appeal as a progressive and well-regulated market for virtual assets.
Why Dubai? A Smart Regulatory Approach
Dubai’s forward-thinking regulatory framework, established by VARA, has been a game-changer in attracting top digital asset platforms. The city has embraced a transparent and secure environment for investors while fostering innovation in the blockchain and crypto space. Bitpanda’s decision to set up shop here isn’t just about expansion—it’s about entering a market that values both growth and regulation.
Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda Group, shared his thoughts on this major development:
“Bitpanda was founded with a simple vision: making digital asset investing safe and accessible for everyone. Securing this VARA licence allows us to bring that vision to the UAE, offering investors and financial institutions fully compliant digital asset services. This is our first step outside Europe, and we’re excited to expand in a region that embraces both innovation and regulatory excellence.”
A Strong Presence at DMCC Crypto Centre
To establish a solid base in Dubai, Bitpanda has set up its regional headquarters at the Dubai Multi Commodities Centre (DMCC) Crypto Centre. The company has assembled a team of local experts, ensuring that its investment platform is tailored to UAE investors. Services are expected to launch in the coming months, bringing a trusted and regulated digital asset marketplace to Emiratis.
Fabian Rinesch, General Counsel at Bitpanda Group, also highlighted why Dubai was the perfect choice for their expansion:
“The UAE is one of the most advanced global markets for digital assets. VARA has done incredible work setting up innovative standards to protect investors while encouraging innovation. Receiving our licence so quickly speaks to our expertise and long-standing commitment to regulatory excellence.”
Bitpanda’s Impressive Regulatory Track Record
Bitpanda isn’t new to strict financial regulations—in fact, it has built a reputation for compliance across multiple jurisdictions. The company holds licences from:
- ✅ Germany’s BaFin (for crypto markets)
- ✅ The UK’s Financial Conduct Authority (FCA)
- ✅ An EU e-money licence under PSD2 directive
- ✅ MiFID II compliance
- ✅ Registrations as a virtual asset provider in multiple European markets
With this strong regulatory foundation, Bitpanda is focusing to provide UAE investors with a secure and reliable entry point into the digital asset space.
A Growing Digital Asset Landscape in the UAE
The demand for secure, regulated digital asset investment options is growing fast in the UAE. As digital assets continue gaining mainstream traction, trust and compliance are becoming key factors for investors.
With Dubai welcoming global crypto innovators, investors now have more choices than ever. Therefore, Bitpanda’s entry into the UAE market adds to the momentum.
With its strong regulatory background, investor-first approach, and commitment to innovation, Bitpanda aims to make a big impact on Dubai’s digital asset investment scene. The coming months will be interesting to watch as the company rolls out its services and expands its reach across the UAE.