Lunar Ark soon to be crypto broker in UAE

UAE based W3C consultancy, which offers comprehensive suite of compliance services, including licensing and post-licensing support, as well as crypto and virtual asset compliance advisory, has announced that Lunar Ark, has received an in-principle approval from Dubai’s VARA ( Virtual Asset Regulatory Authority) for a crypto brokerage license.

As noted on LinkedIn, W3C stated that they had supported Lunar Ark in securing this in-principle approval.

Lunar Ark seeks to offer secure virtual asset brokerage and premium white glove OTC services in the UAE.

W3C adds, “We are proud to have supported Lunar Ark on its regulatory journey and look forward to the next step toward full VARA licensing.

Mark Singh is the CEO of Lunar Rails and Lunar Ark.

In Late August of this year, W3C also was the first to congratulate French crypto investment, trading and treasury company Davensi for also receiving an in principle approval from Dubai’s Virtual Asset Regulatory Authority, with the support of W3C.