When you hear DTSP license, a regulatory permit issued by the Dubai Virtual Assets Regulatory Authority (VARA) to operate virtual asset services in Dubai. Also known as Dubai Virtual Assets License, it’s one of the strictest and most respected crypto compliance frameworks in the Middle East. This isn’t just paperwork—it’s a signal that a platform has passed rigorous checks on security, anti-money laundering, and customer protection. If an exchange claims to have a DTSP license, it means they’re legally allowed to offer trading, custody, or staking services in Dubai, and they’re under constant oversight.
The Dubai Virtual Assets Regulatory Authority, the official body that issues and enforces crypto licenses in Dubai doesn’t hand these out lightly. Companies must prove they have real offices, qualified staff, clear ownership, and systems to detect fraud. Many exchanges fail at this stage. That’s why platforms like Paritex, a crypto exchange in Turkey with unclear regulation or Cryptonex, an unlicensed exchange offering guaranteed returns can’t just claim to be compliant—they need to be audited, not just advertised. The DTSP license sets a bar most exchanges can’t reach without serious investment.
Why should you care? Because if you’re trading on a platform without proper licensing, you’re risking your funds. Unregulated exchanges have been hacked, frozen, or vanished overnight. In places like the U.S., states like New York require a BitLicense. In Hong Kong, the Virtual Assets Ordinance 2025 demands strict licensing. The DTSP license is Dubai’s version of that same safety net. It doesn’t guarantee profits, but it does mean your exchange has to follow the rules—or lose its right to operate.
What you’ll find in the posts below are real-world examples of how regulation shapes the crypto world. From exchanges that barely scrape by with minimal oversight to platforms that went through the full licensing gauntlet, these reviews show you where safety ends and speculation begins. Whether you’re in Turkey, the U.S., or Dubai, understanding what licenses like the DTSP actually mean helps you avoid scams and pick platforms that have earned their place.
As of June 2025, Singapore's MAS has effectively halted new crypto licenses, enforcing strict AML, capital, and compliance rules. Only elite firms with local teams and full Travel Rule systems can operate. This is no longer a crypto-friendly hub - it's a fortress of financial integrity.