Fintech company LCT receives approval in principle from Dubai VARA

Dubai fintech company LCT announced that it has successfully obtained the in-principle approval from the Dubai Virtual Asset Regulatory Authority (VARA), officially taking an important step in meeting VARA's strict regulatory standards. LCT actively integrates into VARA's forward-looking regulatory framework, is committed to promoting the standardization and sustainable development of the crypto industry, and helps Dubai consolidate its position as the center of the global crypto ecosystem. LCT CEO Sonia Shaw said: "Obtaining VARA's in-principle approval is an important milestone for us. This recognition not only highlights our efforts in compliance and innovation, but also provides us with more opportunities to deliver secure and high-quality cryptocurrency solutions and further strengthen our trust relationship with global customers and stakeholders." According to reports, LCT is a fintech company with innovation, compliance and sustainable development as its core, focusing on connecting global markets through blockchain technology and localization strategies.