Dubai Fintech Firm LCT Secures Initial Approval From VARA

According to Odaily, Dubai-based fintech company LCT has received initial approval from the Dubai Virtual Assets Regulatory Authority (VARA), marking a significant step towards meeting VARA's stringent regulatory standards. LCT is actively integrating into VARA's forward-thinking regulatory framework, aiming to promote the standardization and sustainable development of the cryptocurrency industry. This move also supports Dubai's position as a global hub for the crypto ecosystem. LCT CEO Sonia Shaw stated that obtaining VARA's initial approval is a crucial milestone for the company. This recognition highlights LCT's efforts in compliance and innovation, providing more opportunities to deliver secure and high-quality cryptocurrency solutions while strengthening trust with global clients and stakeholders. LCT is a fintech enterprise focused on innovation, compliance, and sustainability, leveraging blockchain technology and localized strategies to connect global markets.