Digital asset investment platform Fasset obtains Dubai VASP operating license

Digital asset investment platform Fasset has obtained an operational license as a virtual asset service provider (VASP) in Dubai, which will allow it to provide services to institutions, qualified investors, and retail investors. According to relevant regulations, the company's acquisition of a full license in Dubai involves three stages: temporary license, provisional 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 provide tokenized bonds and stocks. (CoinDesk)