BitGo has received a broker-dealer license from the Dubai Virtual Asset Regulatory Authority (VARA), enabling it to offer regulated digital asset trading and intermediary services to institutional clients in the Middle East and North Africa (MENA) region. This development was announced on Tuesday, following a series of enforcement actions by VARA against 19 companies for unlicensed activities and marketing violations. The license approval marks a significant step for BitGo as it expands its services in the region.