LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

LCT,
a
pioneering
fintech
company
based
in
Dubai,
proudly
announces
its
inclusion
in
the
Public
Register
of
the
Government
of
Dubai’s
Virtual
Assets
Regulatory
Authority
(VARA).
The
company
has
received
In-Principle
(Non-Operational)
Approval
for
a
Virtual
Asset
Service
Provider
(VASP)
license.
This
milestone
marks
a
significant
step
in
LCT’s
journey
toward
full
compliance
with
VARA’s
stringent
regulatory
standards.

The
In-Principle
Approval
underscores
LCT’s
commitment
to
adhering
to
VARA’s
forward-thinking
regulatory
framework,
which
fosters
responsible
participation
in
the
crypto
landscape.
This
achievement
highlights
Dubai’s
role
as
a
global
hub
for
innovation
in
the
crypto
industry,
attracting
cutting-edge
firms
like
LCT
that
are
dedicated
to
transparency
and
operational
excellence.

Headquartered
in
Dubai’s
dynamic
financial
district,
LCT
seamlessly
combines
advanced
technology
with
a
focus
on
reliability
and
accessibility.
Leveraging
Dubai’s
strategic
position
as
a
gateway
to
international
markets,
LCT
aims
to
bridge
global
crypto
opportunities
with
localized
solutions.

“Securing
VARA’s
In-Principle
Approval
is
a
defining
moment
for
LCT,”
said
Sonia
Shaw,
CEO
of
LCT.
“It
affirms
our
steadfast
commitment
to
compliance,
transparency,
and
innovation.
This
achievement
positions
us
to
deliver
secure,
world-class
crypto
solutions
and
establish
trust
with
our
clients
and
stakeholders
worldwide.”

LCT’s
alignment
with
Dubai’s
rigorous
regulatory
regime
enhances
its
ability
to
lead
in
the
cryptocurrency
and
blockchain
space
while
ensuring
the
highest
standards
of
operational
integrity.

About
LCT
LCT
is
a
fintech
and
cryptocurrency
company
based
in
Dubai,
specializing
in
advanced
blockchain
and
virtual
asset
solutions.
Driven
by
innovation,
compliance,
and
accessibility,
LCT
connects
global
markets
with
localized
strategies,
delivering
transformative
services
to
businesses
and
traders
worldwide.
As
an
emerging
leader
in
the
crypto
ecosystem,
LCT
is
committed
to
fostering
trust,
transparency,
and
sustainable
growth.

Risk
Disclaimer:
Trading
virtual
assets
involves
inherent
risks.
Please
carefully
assess
your
financial
situation
and
risk
tolerance
before
engaging
in
trading
or
utilizing
the
trading
platform’s
services.