[Revolut Receives In-Principle Approval from Dubai VARA to Offer Cryptocurrency Services in the UAE] According to Foresight News, citing a report by The National, UK fintech company Revolut has obtained in-principle approval from the Dubai Virtual Assets Regulatory Authority (VARA) to provide cryptocurrency services in the UAE. These services include brokerage, asset management, investment, and exchange operations. Joseph Khair, Revolut's Head of Digital Assets for the UAE, stated that this approval lays the foundation for Revolut to launch virtual asset services within a regulated environment. Revolut currently serves over 75 million customers globally and received a Stored Value Facility and Category II Retail Payment Services license from the UAE Central Bank in June of this year. The company plans to roll out broader virtual asset services in the UAE through its retail app and standalone exchange platform, Revolut X, allowing eligible users to buy, sell, and hold digital assets within a compliant framework. However, the official launch date has not yet been disclosed.