---
title: "Rain secures full VARA licence for Dubai crypto exchange operations"
slug: "rain-secures-full-vara-licence-for-dubai-crypto-exchange-operations"
date: "2026-10-16"
category: "UAE"
author: "Tariq Al-Mansoor"
correspondent: "Tariq Al-Mansoor"
correspondentRole: "Gulf & Capital Correspondent"
readingTimeMinutes: 1
tags: ["Fintech","News"]
originalSourceUrl: "https://fintechnews.ae/34251/crypto/rain-vara-licence-dubai-crypto-exchange/"
canonicalUrl: "https://aurav.ae/rain-secures-full-vara-licence-for-dubai-crypto-exchange-operations"
publisher: "Aura-V Intelligence (aurav.ae)"
---

# Rain secures full VARA licence for Dubai crypto exchange operations

> Rain’s Dubai entity obtains a full VARA licence, enabling retail and institutional crypto services including margin trading.

## Key Takeaways (TL;DR)

- Rain MENA FZE receives a full VARA licence covering exchange and broker-dealer activities.
- The licence permits margin trading and service to retail, qualified and institutional investors in Dubai.
- Rain now holds regulatory approvals from VARA, Bahrain’s CBB and ADGM’s FSRA.

Rain MENA FZE, the Dubai arm of the Middle-East crypto platform Rain, has been granted a full licence by Dubai’s Virtual Assets Regulatory Authority (VARA) [Fintech News Middle East](https://fintechnews.ae/34251/crypto/rain-vara-licence-dubai-crypto-exchange/). The licence covers virtual-asset exchange and broker-dealer services and explicitly includes margin-trading capabilities.

VARA had earlier issued an In-Principle Approval (IPA) to Rain, allowing the firm to prepare for operations; the full licence now authorises Rain to serve retail, qualified and institutional investors under VARA’s exchange and broker-dealer rulebooks.

Laurent Girouille, Director of Rain MENA FZE, said the company is a regional platform with global intent and that Dubai makes that practical. With this approval, Rain joins a trio of Gulf regulators—VARA, the Central Bank of Bahrain (CBB) and the ADGM Financial Services Regulatory Authority (FSRA)—that now oversee its activities.

---

*Original Think-Tank Source: [Rain Secures Full VARA Licence for Crypto Exchange in Dubai](https://fintechnews.ae/34251/crypto/rain-vara-licence-dubai-crypto-exchange/)*