Prime broker LTP receives in-principle approval from Dubai Virtual Assets Regulatory Authority

Foresight News reported that global institutional prime broker LTP announced that its Dubai subsidiary, Liquidity Fintech FZE, has received an In-Principle Approval (IPA) for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). LTP stated that this approval will enable LTP to further expand its regulated business footprint in the UAE, provide virtual asset brokerage services through Liquidity Fintech FZE, and become a regional hub for qualified and institutional investors in the Middle East.