Hedera

<ul><li>TOKO FZE&#39;s VARA license signifies its commitment to regulatory compliance.</li><li>The licence allows TOKO to function as a virtual asset broker-dealer and operate a full-service exchange in Dubai.</li><li>The VARA license transforms TOKO into a comprehensive virtual asset solution.</li></ul>TOKO FZE has acquired a coveted operating license from Dubai&#39;s Virtual Asset Regulatory Authority (VARA). Born out of multinational law firm DLA Piper, TOKO is a Web3 FinTech platform that allegedly enables quick, cost-effective asset transactions for issuers and investors. According to experts, this significant regulatory approval positions TOKO as a leading force in the virtual asset ecosystem and paves the way for Hedera Hashgraph, the blockchain technology powering TOKO, to gain further credibility and market share.On September 11, Hedera took to Twitter to announce the TOKO Network&#39;s acquisition of VARA licence:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/d168c101382b4206965dbcb5f8865839.png" />The license explicitly allows TOKO to function as a virtual asset broker-dealer and operate a full-service exchange in Dubai. Scott Thiel, Managing Director of TOKO, expressed enthusiasm, saying, &#34;We are thrilled to be issued this VARA license by the world’s only exclusive regulator for the VA sector&#34;.According to the <a href="https://toko.network/vara-license/" rel="noopener noreferrer nofollow">report</a> in a press release, this approval underscores TOKO&#39;s commitment to transparency, regulatory compliance, and accountability. It also sets a precedent for other virtual asset service providers seeking to enter highly regulated markets, signaling Dubai&#39;s leadership in setting a clear regulatory path for the virtual asset industry.- Read full article at<a href="https://cryptotale.org/toko-fze-secures-vara-license-in-dubai-signals-a-promising-future/" rel="noopener noreferrer nofollow"> CryptoTale .</a>

TOKO FZE Secures VARA License in Dubai: Signals a Promising Future

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