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XBASE Virtual Assets Broker & Dealer Services LLC, operating as Relm and a subsidiary of XBD Group, has received its full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license authorises Relm to operate as a regulated virtual assets broker-dealer in the UAE, permitting the company to provide compliant digital asset trading and over-the-counter (#OTC) services to institutional clients, enterprises, and qualified counterparties operating in and through the region. This approval follows Relm’s #successful completion of VARA’s licensing process, including its earlier In-Principle Approval (IPA), and confirms that Relm has met all regulatory, governance, #risk, and operational requirements under Dubai’s virtual assets framework. With the issuance of the #VASPlicense, Relm is now authorised to onboard clients and commence regulated operations from Dubai, operating within VARA’s comprehensive regulatory framework that has position...

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