GC Exchange FZE Secures Operational VASP License and Approval for Operating with a Client Money Account, a Historic First in Dubai

GC Exchange FZE (GCEX), a division of the GCEX Group, has recently obtained an Operational VASP License for VA Broker Dealer services from Dubai’s Virtual Asset Regulatory Authority (VARA). After establishing its Dubai office in July 2022 and receiving the MVP (Minimal Viable Product) Preparatory License from VARA in February 2023, GCEX is now officially authorized to initiate market operations as a Virtual Asset Service Provider (VASP) in Dubai. This authorization grants brokers, hedge funds, family offices, and professional traders the ability to leverage GCEX’s extensive liquidity in digital assets, along with a suite of technology solutions.

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