Digital asset investment platform Fasset obtains VASP operating license in Dubai

ChainCatcher news, according to CoinDesk, the digital asset investment platform Fasset has obtained an operating license as a Virtual Asset Service Provider (VASP) in Dubai, which will enable it to serve institutional, qualified, and retail investors.

Obtaining the full license involves three stages: temporary license, preparatory license, and operational license. Fasset FZE has completed the third stage and will be able to provide brokerage services, as well as work closely with the Dubai Virtual Assets Regulatory Authority (VARA) to offer tokenized bonds and stocks.