The authorization permits Flowdesk to conduct regulated broker-dealer activities specifically for professional participants, excluding the general retail market. CEO Guilhem Chaumont noted that the firm invested heavily in compliance, governance, and risk controls to meet the regulator's standards. As a liquidity provider and trading technology firm, Flowdesk intends to apply this institutional-grade rigor to its operations in the region.
In section Cryptocurrency
Flowdesk Secures Full Broker-Dealer License in Dubai
Dubai’s Virtual Assets Regulatory Authority has granted Flowdesk Omega FZE a full broker-dealer license, clearing the firm to provide regulated crypto services to institutional and qualified investors. This milestone completes a multi-stage application process that began with in-principle approval in June 2026, solidifying the company's footprint in the emirate.
This development arrives alongside the company’s recent authorization under the European Union’s Markets in Crypto-Assets regulation, granted by France’s Autorité des Marchés Financiers. While the European license allows for cross-border operations within the EU, the Dubai approval functions under a separate regulatory framework overseen by VARA. The firm, which counts Coinbase Ventures among its backers, maintains distinct legal entities for these jurisdictions to ensure compliance with local requirements.
Comments (0)
No comments yet. Be the first!