BitGo MENA Secures Broker-Dealer Licence for Regulated Digital Asset Trading in MENA
BitGo MENA FZE has secured a significant milestone in the Middle East and North Africa's digital asset landscape. The company has obtained a Broker-Dealer license from Dubai's Virtual Assets Regulatory Authority (VARA), enabling it to provide regulated digital asset trading and intermediation services to institutional clients in the region.
The license aligns with BitGo MENA's commitment to security and compliance, as VARA's regulatory framework prioritizes investor protection and market integrity. BitGo MENA's services, supported by institutional-grade security and VARA-regulated, insured custody infrastructure, include an integrated OTC trading desk and electronic trading platform for spot trading across thousands of digital assets and stablecoins.
Clients can access deep liquidity from dozens of top-tier market makers and exchanges, ensuring competitive pricing and reliable execution. The company offers trading support for both AED and USD, with local banking facilities for a tailored, high-performance trading experience in the MENA region. Leading the company's operations and regulated digital asset trading services is Ben Choy, the General Manager of BitGo MENA.
With the Broker-Dealer license, BitGo MENA is poised to strengthen its position in the MENA region, providing institutional clients with secure, compliant, and high-performance digital asset trading services. The license reflects the company's commitment to regulatory compliance and investor protection, aligning with VARA's comprehensive regulatory framework.
