CRYPTO EXCHANGE SERVICES — BUILD A FAIR, LIQUID, ALWAYS-ON TRADING VENUE
We help VASPs launch and scale VARA-compliant crypto exchanges, governance that satisfies Boards, surveillance that reassures regulators, and disclosures your users can trust.
Advising order-book venues, conversion rails, and hybrid OTC–venue models on VARA-tight controls and filings.
WHAT THE VARA EXCHANGE LICENCE COVERS
Under VARA’s Regulations, Exchange Services include:
Exchanging Crypto ↔ Fiat
Exchanging Crypto ↔ Crypto
Matching orders and conducting those exchanges
Maintaining an order book for the above
Note: The Exchange Services Rulebook (ESR) applies in addition to the four Compulsory Rulebooks: Company, Compliance & Risk Management, Technology & Information, and Market Conduct (cumulative obligations).
SERVICES YOU CAN OFFER UNDER THIS LICENCE
Order-book spot exchange (crypto↔fiat; crypto↔crypto)
Operate a central order book, admit participants, and enforce a published code of conduct with a full disciplinary toolkit (warnings, suspensions, expulsions, order cancellations, criminal referrals). Client acceptance of venue rules must be captured in the Client Agreement.
Market surveillance & regulator notifications
Share surveillance information with VARA and, where abuse is suspected, notify on large positions, inventory, position-limit actions, margin calls, and steps taken.
Transparent, fair, non-discriminatory fees
Fee structures must not incentivise manipulative order activity (e.g., place/modify/cancel loops that disrupt orderly markets).
COMPLIANCE GUARDRAILS THAT KEEP YOU OUT OF TROUBLE
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Board governance. |
At least one independent director; quarterly Board meetings; Remuneration, Nomination, Audit committees; 8-year minute retention; annual Board remuneration reporting to VARA. |
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AML/CFT suite |
Business & client risk-assessment templates (≤3-month cadence), CDD/PEP/ECDD SOPs, STR runbooks, Travel-Rule policy with sunrise approach. |
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Client Money/Client VA packs |
Bank acknowledgments, Client Account SOPs, daily recon workpapers, Client VA 1:1 wallet labelling, PoR documentation. |
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AB&C programme |
Policy, hotline workflow, investigation file templates, training. |
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Sponsored VASP kit |
Sponsor agreement, governance/MI, RO approvals, disclosures. |
What CRYPTOVERSE Legal delivers
LAUNCH
From Idea to Licensed Reality
Turn your Web3, blockchain, or crypto project into a compliant, market-ready business. We clear regulatory hurdles so you can launch with confidence.
SCALE
Grow Without Boundaries
Expand across borders, navigate regulators, and seize global opportunities. We guide you through every stage of scaling your virtual assets business.
THRIVE
Focus on Building. Leave Compliance to Us.
Free yourself from legal uncertainty. With CRYPTOVERSE handling the complexities, you can innovate boldly and lead your industry forward.
LAUNCH
From Idea to Licensed Reality
Turn your Web3, blockchain, or crypto project into a compliant, market-ready business. We clear regulatory hurdles so you can launch with confidence.
SCALE
Grow Without Boundaries
Expand across borders, navigate regulators, and seize global opportunities. We guide you through every stage of scaling your virtual assets business.
THRIVE
Focus on Building. Leave Compliance to Us.
Free yourself from legal uncertainty. With CRYPTOVERSE handling the complexities, you can innovate boldly and lead your industry forward.
LAUNCH
From Idea to Licensed Reality
Turn your Web3, blockchain, or crypto project into a compliant, market-ready business. We clear regulatory hurdles so you can launch with confidence.
SCALE
Grow Without Boundaries
Expand across borders, navigate regulators, and seize global opportunities. We guide you through every stage of scaling your virtual assets business.
OUR PROCESS (FAST & REGULATOR-READY)
Scoping call
model & activity mapping (order-book, conversion rails, margin).
Regulatory blueprint
Artefact list, Board/committee design, capital & prudential mapping.
Policy build-out
Market-abuse, withdrawals in stress, settlement/clearing, pricing methodology.
Tech & controls
Venue rules, surveillance, capacity & BCP/DR, erroneous-order threshold
Regulator interactionS
Notifications and submissions (surveillance, fee model, board reporting).
Go-live support
Public disclosures, periodic reviews, tabletop drills.
FAQs
Yes — full-time, UAE-resident/UAE-passport, VARA-approved; changes require approval (with emergency notice allowances)
Yes, but the individual remains accountable to VARA; VARA can require in-house staffing.
NLA ≥ 1.2× monthly opex, plus activity-based PUC, mandated insurance, and reserves = 100% 1:1 same VA.
Anything that could significantly affect the model/operations/VA activities or compliance posture (incl. scope changes, control shifts) — needs prior approval.
Why CRYPTOVERSE Legal
Venue specialists
Venue specialists who translate ESR clauses into practical operating playbooks.
Evidence-ready controls
Evidence-ready controls mapped clause-by-clause to ESR + Compulsory Rulebooks.
Speed with substance
Speed with substance—we compress timelines without cutting compliance corners.