DKK Digital receives second license in UAE for stablecoin offering, and wallets

DKK Digital, a subsidiary of DKK Partners, which offers rapid access to major fiat currencies, has been officially awarded a Virtual Asset Service Provider (VASP) License for Virtual Asset Advisory Services by Dubai’s Virtual Assets Regulatory Authority (VARA). This license authorizes DKK Digital to provide regulated Virtual Asset Advisory Services in and from Dubai, further expanding its capabilities within one of the world’s most progressive digital asset regulatory frameworks.

DKK Digital, a VARA and SCA regulated subsidiary of DKK Partners, bridges the gap between traditional finance and the digital economy, delivering innovative stablecoin solutions that streamline transactions, enhance liquidity, and enable seamless value transfer.

DKK Digital offers SMEs, NBFIs, PSPs, Fintechs and digital exchanges with the ability to trade and move digital assets quickly and confidently.

In 2025, the firm obtained a VARA VASP Broker-Dealer License and secured approval from the UAE Securities and Commodities Authority (SCA) to offer regulated stablecoin solutions nationwide.

“This is a major step in our growth journey,” said Khalid Talukder, Co-Founder and CEO of DKK Digital. “The advisory license enables us to deepen our support for institutional and corporate clients while reaffirming our commitment to the highest regulatory standards in the UAE and globally.”

The services on offer include direct Stablecoin Access for both USDC (Circle), USDT (Tether), and hundreds of other digital assets with low fees and smooth fiat on/off ramps, wallet Solutions offering secure multi-currency wallets for storing, sending, and receiving digital assets, and DeFi Solutions which offer fast, seamless value transfer and efficient fiat on/off ramps within decentralized finance.

All these will be offered through VARA regulated custodians.