Laser Digital obtained Dubai’s first regulated OTC crypto options license under VARA. The license allows ISDA-compliant derivatives for institutions, starting with Bitcoin options. The approval supports Dubai’s push for regulated institutional crypto finance. Laser Digital, the digital asset subsidiary of Japanese banking giant Nomura, has secured the first-ever license to offer over-the-counter (OTC) crypto options to institutional clients in Dubai. Issued under the pilot regime of Dubai’s Virtual Asset Regulatory Authority (VARA), the license makes Laser Digital the first firm in the city authorized to provide regulated OTC crypto derivatives. The company confirmed its operations will comply with the globally recognized International Swaps and Derivatives Association (ISDA) standards. What This License Means for Institutions This license enables Laser Digital to serve institutional clients with crypto derivatives that are tied to clear, legally enforceable contracts. According to the company, all options will be executed under ISDA agreements, which are the standard for ensuring risk clarity in traditional finance. The company’s product struc… The post Laser Digital Wins Dubai’s First OTC Crypto Options License Under VARA appeared first on Coin Edition .
