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Coin Edition 2025-06-04 16:30:00

Ctrl Alt Becomes First Firm in Dubai Approved by VARA for Crypto Issuer Services

Dubai’s VARA approved Ctrl Alt as first VASP for crypto issuer services in the Emirate. License allows Ctrl Alt full-stack RWA tokenization, including ARVA token issuance. This sets a new licensing precedent; Ctrl Alt already worked with Dubai Land Dept. Abu Dhabi-based Ctrl Alt, a regulated digital assets infrastructure provider, just received a significant regulatory green light from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval makes Ctrl Alt the first Virtual Asset Service Provider (VASP) officially authorized to conduct issuer-related services in the Emirate. The move not only expands Ctrl Alt’s operational scope in the region but also sets a new licensing precedent for VARA. New License Permits Full-Stack RWA Tokenization, ARVA Issuance The newly issued license will allow Ctrl Alt to provide both Broker-Dealer and Issuer services under Dubai’s comprehensive digital asset framework. According to VARA’s authorization, Ctrl Alt is now licensed to offer a full-stack infrastructure for tokenized real-world assets (RWAs). This includes the issuance and distribution of ARVA tokens – a specific type of RWA token. This is a … The post Ctrl Alt Becomes First Firm in Dubai Approved by VARA for Crypto Issuer Services appeared first on Coin Edition .

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