Crypto investment platform Q9 Capital has received regulatory approval for a provisional virtual asset (VA) from Dubai’s Virtual Asset Regulatory Authority (VARA), the company announced.
The entry into the UAE is part of the company’s expansion efforts and aims to acquire a full operating license in accordance with VARA requirements.
“Q9 aims to make a meaningful contribution to the VARA ecosystem as an engine for crypto product creation and execution in a regulated environment,” the company said.
VARA is the world’s first independent regulator for virtual assets.
Following the approval, investors can create and execute products and strategies on Q9’s platform. Furthermore, investors can build and access systematic investment portfolios and white-labelled offerings within VARA’s framework. The company said that the global distribution of these portfolios and offerings will be conducted in an “automated, transparent,…
