Amber Premium has reached a key regulatory milestone in the UAE. The company announced that its Dubai subsidiary, Amber Premium FZE, has received in principle approval from Dubai’s Virtual Assets Regulatory Authority. This approval represents the final step before full authorization. It also signals strong regulatory alignment as Amber Premium expands its presence in the region.What VARA In Principle Approval MeansStrengthening a Compliance First StrategyExpanding Institutional Grade Digital Wealth ServicesSupporting Market Integrity in the UAE What VARA In Principle Approval Means VARA grants in principle approval only after detailed review. The decision confirms that a firm meets core regulatory standards. These include governance, risk controls, and operational readiness. For Amber Premium, the approval means: Progress toward full authorization in Dubai Validation of compliance focused operations Permission to continue licensing steps under VARA oversight The approval allows Amber Premium to move forward with confidence. It also shows trust from the UAE regulator. Strengthening a Compliance First Strategy Amber Premium operates as the digital wealth management platform of Amber Group. It serves ultra high net worth individuals and institutions. From the start, the company has prioritized regulation and risk management. Michael Wu, CEO and Chairman of Amber Premium, emphasized deliberate growth. He highlighted the company’s focus on governance at every stage. According to Wu, sustainable participation in digital assets begins with compliance first decisions. Amber Premium follows clear principles: Align growth with regulatory expectations Protect client assets and data Support long term market stability Maintain strong internal controls This approach positions the firm as a responsible player in the digital asset space. Expanding Institutional Grade Digital Wealth Services The UAE has become a major hub for virtual assets. Institutional investors now demand regulated and transparent platforms. Amber Premium aims to meet this demand with institutional grade digital wealth solutions. The company plans to offer: Secure access to virtual asset strategies Professional risk managed wealth services Products designed for large portfolios Infrastructure built for institutional needs With VARA oversight, Amber Premium can serve clients with greater confidence. Regulatory clarity supports trust and adoption. Supporting Market Integrity in the UAE Amber Premium views regulation as a foundation, not a barrier. The company believes strong oversight strengthens the entire ecosystem. By working closely with VARA, it aims to contribute to a healthy digital asset market. The firm plans to: Continue the full licensing process Engage transparently with regulators Uphold best practices in governance Support the UAE’s digital finance vision Dubai continues to attract global fintech and crypto firms. VARA plays a central role in shaping this growth. Amber Premium’s progress reflects the city’s balanced approach to innovation and regulation. With in principle approval secured, Amber Premium moves closer to full authorization. The company now prepares for the next phase of regulated operations in the UAE. This milestone reinforces its commitment to compliance, client protection, and long term value creation in digital wealth management.