XBASE Virtual Assets Broker & Dealer Services LLC, operating as Relm and a subsidiary of XBD Group, has received its full Virtual Asset Service Provider (VASP)XBASE Virtual Assets Broker & Dealer Services LLC, operating as Relm and a subsidiary of XBD Group, has received its full Virtual Asset Service Provider (VASP)

Relm Granted Full VARA Broker Dealer Services License in the UAE, Strengthening Dubai’s Regulated Digital Asset Ecosystem

2026/03/31 23:26
3 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.

XBASE Virtual Assets Broker & Dealer Services LLC, operating as Relm and a subsidiary of XBD Group, has received its full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).

The license authorises Relm to operate as a regulated virtual assets broker-dealer in the UAE, permitting the company to provide compliant digital asset trading and over-the-counter (OTC) services to institutional clients, enterprises, and qualified counterparties operating in and through the region.

This approval follows Relm’s successful completion of VARA’s licensing process, including its earlier In-Principle Approval (IPA), and confirms that Relm has met all regulatory, governance, risk, and operational requirements under Dubai’s virtual assets framework.

With the issuance of the VASP license, Relm is now authorised to onboard clients and commence regulated operations from Dubai, operating within VARA’s comprehensive regulatory framework that has positioned the Emirate as one of the world’s leading jurisdictions for compliant digital asset activity.

Zeeshan Uppal, CEO at Relm UAE, said: “Receiving our full VARA VASP license is a major milestone for Relm and a clear validation of our compliance-first approach. The UAE has set a global benchmark for regulating digital assets, with clarity, rigor, and ambition. VARA’s framework gives institutions the confidence to deal with digital assets at scale, and we are proud to be part of that ecosystem as a fully licensed broker-dealer.”

“Dubai continues to lead the future of digital trade by creating a setting where innovation and regulation move together. This license allows Relm to support enterprises, corporations, funds, and family offices with secure, transparent, and institution-grade access to digital asset markets, without regulatory uncertainty.”, he added.

Relm’s regulated offering will focus on OTC crypto trading, broker-dealer services, and enterprise-grade digital asset execution, designed for professional market participants seeking compliant exposure to digital assets and crypto-native liquidity.

Under VARA’s supervision, Relm contributes to the UAE’s growing digital economy and supports Dubai’s goal to become a global hub for virtual assets, financial innovation, and cross-border digital commerce.

About Relm

Relm is the trading name of XBASE Virtual Assets Broker & Dealer Services LLC, a UAE-based virtual asset service provider licensed by Dubai’s Virtual Assets Regulatory Authority (VARA). Relm operates as a regulated crypto broker-dealer and OTC trading platform for enterprises, institutional investors, funds, and family offices.

Relm is part of XBD Group, a global digital asset infrastructure provider developing compliant, enterprise-ready solutions for crypto trading, payments, and liquidity across multiple jurisdictions.

Media & Partnership Enquiries

For press enquiries, institutional partnerships, or OTC trading discussions, please contact:

Email: press@relm.co

Website: www.relm.co

LinkedIn: https://www.linkedin.com/company/relmpayments/

Zeeshan Uppal LinkedIn: https://www.linkedin.com/in/zeeshan-uppal-74a16355/

The post Relm Granted Full VARA Broker Dealer Services License in the UAE, Strengthening Dubai’s Regulated Digital Asset Ecosystem appeared first on Crypto Reporter.

Opportunità di mercato
Logo Virtuals Protocol
Valore Virtuals Protocol (VIRTUAL)
$0.6521
$0.6521$0.6521
+2.37%
USD
Grafico dei prezzi in tempo reale di Virtuals Protocol (VIRTUAL)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

Potrebbe anche piacerti

Nav3 Router: Convenient Navigation on Top of Jetpack Navigation 3

Nav3 Router: Convenient Navigation on Top of Jetpack Navigation 3

Jetpack Navigation 3 is a new Google navigation library that is fundamentally different from previous versions. The main idea of Nav3 is simple: you have a NavBackStack — a regular mutable list where each element represents a screen in your application.
Condividi
Hackernoon2025/09/17 20:00
Revolutionary: CME SOL XRP Futures Options Set to Transform Crypto Trading

Revolutionary: CME SOL XRP Futures Options Set to Transform Crypto Trading

BitcoinWorld Revolutionary: CME SOL XRP Futures Options Set to Transform Crypto Trading Exciting news is rippling through the cryptocurrency world! The U.S. Chicago Mercantile Exchange (CME), a titan in traditional finance, is reportedly planning to launch CME SOL XRP futures options. This significant development, initially reported by Walter Bloomberg, marks a pivotal moment for institutional involvement in the altcoin market. It signals a new era for how Solana (SOL) and Ripple (XRP) might be traded, potentially opening doors to broader adoption and increased market maturity. What Does the Launch of CME SOL XRP Futures Mean for Crypto? When an institution like CME, known for its rigorous standards and vast trading volume, enters a new market, it brings a wave of legitimacy. The introduction of CME SOL XRP futures options indicates a growing acceptance of these digital assets within mainstream finance. This move could fundamentally change how investors perceive and interact with SOL and XRP. Futures options are financial derivatives that give traders the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date. For SOL and XRP, this means: Enhanced Price Discovery: More participants and trading volume can lead to more efficient and accurate pricing. Institutional Access: It provides regulated avenues for large institutional investors to gain exposure to SOL and XRP without directly owning the underlying assets. Risk Management: Traders can use these options to hedge against potential price fluctuations in their existing SOL and XRP holdings. Why Are SOL and XRP Chosen for CME SOL XRP Futures? The selection of Solana (SOL) and Ripple (XRP) for these new futures options is not arbitrary. Both cryptocurrencies hold significant positions in the market and offer distinct value propositions: Solana (SOL): Known for its high-performance blockchain, offering fast transaction speeds and low costs. Its robust ecosystem supports numerous decentralized applications (dApps), NFTs, and DeFi projects, attracting considerable developer and user interest. Ripple (XRP): Primarily focused on facilitating fast, low-cost international payments for financial institutions. Despite ongoing regulatory discussions, XRP maintains a strong market presence and a dedicated community, highlighting its potential for cross-border transactions. Their substantial market capitalization and existing liquidity make them attractive candidates for institutional-grade derivative products. This choice reflects a strategic assessment by CME of assets that can sustain significant trading interest and volume. Navigating the Landscape: Opportunities and Considerations for CME SOL XRP Futures The introduction of CME SOL XRP futures options presents a wealth of opportunities, yet it also comes with important considerations. On the opportunity front, we can expect increased liquidity, which benefits all market participants by making it easier to buy and sell without significant price impact. Moreover, it could attract new capital from traditional financial players who prefer regulated products. However, traders and investors should also consider the implications: Market Volatility: While derivatives can offer hedging, they can also amplify market movements. Regulatory Clarity: The regulatory landscape for cryptocurrencies, particularly for XRP, continues to evolve. CME’s move might encourage further clarity but also means ongoing scrutiny. Learning Curve: Understanding futures options requires a certain level of financial literacy, which new entrants to the crypto market may need to develop. These products offer sophisticated tools for managing exposure and speculating on price movements, but they demand a careful approach. What’s Next for the Crypto Market with CME SOL XRP Futures? The reported launch of CME SOL XRP futures options is more than just a new product offering; it represents a significant milestone in the ongoing convergence of traditional finance and the digital asset space. It underscores the growing maturity of the cryptocurrency market and its increasing integration into global financial systems. As institutional interest continues to surge, we can anticipate further innovation and a broader range of regulated products for other altcoins. This development is poised to offer sophisticated tools for investors and traders, potentially stabilizing market dynamics while simultaneously introducing new avenues for growth and investment. The crypto market is evolving rapidly, and CME’s latest initiative is a clear indicator of this exciting trajectory. To learn more about the latest crypto market trends, explore our article on key developments shaping the cryptocurrency market institutional adoption. Frequently Asked Questions (FAQs) What is the Chicago Mercantile Exchange (CME)? The CME is one of the world’s largest and most diverse derivatives marketplaces, offering a wide range of futures and options products across various asset classes, including equities, commodities, and now, expanding into specific cryptocurrencies. What are futures options in the context of SOL and XRP? Futures options for SOL and XRP are financial contracts that give the holder the right, but not the obligation, to buy or sell SOL or XRP futures contracts at a predetermined price on or before a specific date. They allow for hedging and speculation on price movements. Why are Solana (SOL) and Ripple (XRP) chosen for these new options? SOL and XRP were likely chosen due to their significant market capitalization, established liquidity, and distinct use cases within the crypto ecosystem, making them attractive for institutional-grade derivative products. How might CME SOL XRP futures options affect the prices of SOL and XRP? The introduction of these options could lead to increased liquidity and institutional participation, potentially influencing price discovery and stability. However, like all derivatives, they can also contribute to market volatility. When are these CME SOL XRP futures options expected to launch? While Walter Bloomberg reported CME’s plans, an official launch date has not yet been publicly announced by CME. Market participants should monitor official CME channels for updates. If you found this article insightful, please consider sharing it with your network! Help us spread the word about the exciting developments in the crypto space by sharing this article on your social media platforms. This post Revolutionary: CME SOL XRP Futures Options Set to Transform Crypto Trading first appeared on BitcoinWorld.
Condividi
Coinstats2025/09/18 00:45
Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Condividi
BitcoinEthereumNews2025/09/18 00:33