Amber Premium FZE, the Dubai branch of Amber Premium, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA), marking a significant step towards obtaining a full virtual asset license. This development is part of the company's commitment to enhancing regulatory compliance and countering the financing of terrorism. CEO Michael Wu highlighted that this approval aligns with Amber Premium's mission to provide institutional-grade digital wealth solutions to clients in the UAE, underscoring the importance of compliance and market integrity. The approval comes as the industry anticipates potential bitcoin ETF approvals in major markets, signaling broader momentum in the digital asset space.