- Commercial Bank of Dubai introduces new accounts for Virtual Asset Service Providers, aligning with UAE Central Bank and VARA regulations.
Commercial Bank of Dubai (CBD) is pleased to announce the launch of dedicated accounts for Virtual Asset Service Providers (VASPs).
This initiative complies with the regulations issued by the UAE Central Bank and the Dubai Virtual Assets Regulatory Authority (VARA).
CBD is proud to have successfully onboarded Laser Digital as the first VASP to benefit from these services.
By supporting the digital economy, CBD aims to attract more VASPs to Dubai and promote the Emirate as an international hub for virtual assets.
