Ceffu Secures Full VASP Custody License from Dubai’s VARA, Expanding Institutional Crypto Services in the Middle East

Key Takeaways:Ceffu Custody FZE has received a full Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) to offer custody services.The approval allows Ceffu to deliver regulated institutional-grade crypto custody to clients in and from Dubai.The platform leverages multi-party computation (MPC), multi-approval schemes (MAS), and transaction approval policy (TAP) to ensure top-tier security.Ceffu plans to expand its offering to include off-exchange settlement, hot wallet solutions, and institutional staking.The license positions Ceffu as a trusted custody provider in Dubai’s rapidly growing virtual asset ecosystem.Ceffu has officially secured a full Virtual Asset Service Provider (VASP) operating license from the Dubai Virtual Assets Regulatory Authority (VARA), marking a major milestone in its regional expansion.The license authorizes Ceffu Custody FZE (“Ceffu Dubai”) to provide comprehensive digital asset custody services to institutional clients both in and from Dubai.This development strengthens Ceffu’s role as a leading institutional crypto custody provider in the Middle East and underscores Dubai’s commitment to fostering a secure, transparent digital asset environment.“This full operating license from VARA reflects both the robustness of Dubai’s regulatory environment and Ceffu’s commitment to regulatory excellence,” said Ian Loh, CEO of Ceffu.“With the Middle East rapidly emerging as a global hub for cryptocurrency and blockchain, this license reinforces our ability to provide secure and compliant custody infrastructure for institutional clients.”Institutional-Grade Security and ComplianceCeffu’s custody infrastructure integrates multi-party computation (MPC) technology with customizable multi-approval schemes (MAS), transaction approval policy (TAP), and secure cold storage systems — ensuring both flexibility and resilience for institutional operations.These systems are designed to meet the stringent custodial needs of institutional investors, balancing security, accessibility, and compliance under VARA’s regulatory oversight.Ceffu Custody FZE also plans to expand its licensed activities in collaboration with VARA, tailoring solutions for asset managers, exchanges, and large-scale investors seeking regulated digital asset custody.