Ceffu Custody FZE has obtained a full Virtual Asset Service Provider (VASP) license from Dubai's Virtual Asset Regulatory Authority (VARA), enabling it to offer regulated institutional-grade crypto custody services. This license allows Ceffu to serve clients both within and outside Dubai, utilizing advanced security measures such as multi-party computation (MPC) and multi-approval schemes (MAS). With this license, Ceffu plans to expand its offerings to include off-exchange settlement, hot wallet solutions, and institutional staking. The company aims to position itself as a trusted custodian in Dubai's burgeoning virtual asset ecosystem. Ceffu CEO Ian Loh highlighted the license as a testament to Dubai's strong regulatory framework and Ceffu's dedication to compliance and security.