Coinbase has launched its international exchange in Dubai after securing approval from VARA. The UAE’s role as a regulated global hub for digital-asset trading is growing. Another step for Coinbase expansion plans beyond the United States.
Coinbase has officially opened its international cryptoexchange in Dubai, representing a significant step in its global expansion strategy and further signalling growing confidence in the United Arab Emirates as a regulated hub for digital assets.
The new exchange is licensed by Dubai’s Virtual Assets Regulatory Authority (VARA) and will initially cater to institutional clients, offering access to both spot and derivatives products. Dubai will be one of Coinbase’s most important bases outside the United States, joining its established presence in markets such as Ireland and Singapore.
A Strategic Move Amid Global Regulatory Pressure
Coinbase’s Dubai launch comes at a time when the United States remains cautious towards crypto regulation, with major crypto exchanges facing ongoing scrutiny from the Securities and Exchange Commission (SEC). In contrast, Dubai’s approach, which emphasises clear licensing, investor protection and innovation, has made it an increasingly attractive destination for digital-asset firms looking to operate within a transparent regulatory framework.
Coinbase first outlined plans to expand into the UAE in 2023, citing Dubai’s proactive stance on blockchain technology and its efforts to create a clear rulebook for crypto exchanges. Under the company’s VARA licence, it will now be allowed to service qualifying institutional clients and professional investors under Dubai’s tailored virtual-assets framework.
Looking for a forex broker that is fully regulated in Dubai? Take a look at our complete list of the Best DFSA Regulated Forex Brokers for traders situated in Dubai, the Middle East and the Persian Gulf.
Why It Matters
Dubai has emerged as a key bridge between East and West for digital finance, drawing both established exchanges and start-ups seeking regulatory certainty. Coinbase’s entry adds further legitimacy to its reputation as a centre for fintech innovation.
It also highlights a shift in balance in regulatory leadership. Whilst Western markets debate how digital assets should be supervised, Middle Eastern regulators have already taken important action to attract compliant global players.
Coinbase Success Could Pave the Way for Broader Expansion
Coinbase’s Dubai operation is expected to focus on institutional liquidity and cross-border trading infrastructure. Success in the UAE could also pave the way for broader regional expansion, potentially into Saudi Arabia, Bahrain or Qatar, as the Gulf its significant investment in financial technology.
The UAE also has a broader goal of becoming a global hub for virtual assets, which is part of its long-term strategy to diversify its economy beyond energy and traditional finance. For traders and investors, Coinbase’s arrival could mean more competition, better access to global markets and greater choice among regulated crypto platforms in this part of the world.
Coinbase’s entry into Dubai strengthens the bridge between traditional finance and digital assets. It also signals that regulation, rather than deterring innovation, can actually help credible players grow as well as give traders more confidence in where they trade.
For more market and economic developments, check out dedicated Latest Market News section.
