Amber Premium FZE Receives Preliminary Approval for VASP License in Dubai

According to Foresight News, Amber Premium FZE, a subsidiary of digital asset company Amber Group and enterprise service and consulting firm NH Management, has received in-principle approval for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This preliminary approval allows Amber Premium FZE to offer a wide range of virtual asset services within the regulatory framework of the United Arab Emirates (UAE). These services include brokerage activities, lending solutions, and management and investment services.