LTP obtains official VARA VASP license in Dubai, continues to expand institutional-level crypto services in the Middle East market
Foresight News reports that institutional-grade digital asset prime broker LTP has officially obtained a Virtual Asset Service Provider (VASP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA). This license marks LTP's official entry into the Middle East and authorizes it to provide regulated digital asset services to institutional clients.
LTP holds licenses and registrations in multiple jurisdictions, works closely with global regulatory authorities, and will connect global exchanges through its highly secure, ultra-low latency trading infrastructure to provide capital efficiency solutions for hedge funds, family offices, and proprietary trading platforms. LTP founder and CEO Jack Yang stated that Dubai's progressive regulatory framework provides an ideal environment for institutional clients and that the company is committed to operating under robust regulatory standards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goldman Sachs dramatically lowers KOSPI target from 12,000 to 9,000 points, still insists there is 60% upside potential
Goldman Sachs strategists have lowered their 12-month target for South Korea's KOSPI Index from 12,000 points to 9,000 points, representing a 25% decrease. Earlier this year, Goldman had raised the target multiple times. The latest downgrade is due to mounting concerns in the market over artificial intelligence (AI) trading.
AI investment has not ended; wealth is simply being redistributed.
Can NEAR Protocol defend $4.30 support after a 10% price drop?
Crypto prices
More
