Amber Premium FZE Gains In‑Principle VARA Approval in Dubai

CN
14 hours ago

Amber Premium FZE, the Dubai arm of Amber International Holding Limited (Nasdaq: AMBR), announced on December 18 2025 that it has been granted an in‑principle approval (IPA) from Dubai’s Virtual Assets Regulatory Authority (VARA). The approval, issued in Dubai, United Arab Emirates, moves the firm toward final authorization for virtual‑asset services.

The IPA underscores Amber Premium’s commitment to a compliance‑first approach and enables the platform to expand institutional‑grade digital wealth management services in the UAE. “VARA’s in‑principle approval is a milestone in our long‑term build,” said Michael Wu, CEO and Chairman of Amber Premium, adding that the firm will continue the licensing process with VARA.

Read More: Amber International Raises $25.5M to Boost $100M Crypto Reserve

What is the scope of the in‑principle approval? It permits Amber Premium FZE to operate pending full VARA licensing in the UAE.
When is full authorization expected? The company will complete the licensing process after meeting VARA’s final requirements.
Which clients will benefit from this approval? Ultra‑high‑net‑worth individuals and institutions in the United Arab Emirates.
Is the service available outside Dubai? Full services will be offered where permitted by local law and regulatory approval.

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