A crucial step towards final licensing; prioritizing compliance and deepening service footprint in the Middle East and surrounding markets.
Article by: Amber
Article source: ME
Dubai—December 17, 2025—Amber International Holding Limited (NASDAQ: AMBR), a digital wealth management platform under the brand “Amber Premium”, today announced that its Dubai subsidiary, Amber Premium FZE, has received in-principle approval (IPA) from the Virtual Assets Regulatory Authority (VARA) as a Virtual Asset Service Provider (VASP).
As Amber Group's private banking-grade digital wealth management platform targeting ultra-high-net-worth individuals and top institutions, this IPA (Initial Permit for Virtual Assets) is a key milestone for Amber Premium before obtaining final authorization to conduct virtual asset business in the UAE, demonstrating the company's strength in global expansion, compliance, and governance. Amber Premium will uphold its commitment to "compliance first, steady progress," following regulatory requirements and proceeding with the subsequent licensing process in an orderly manner to further enhance the platform's transparency and trustworthiness.
Michael Wu, CEO and Chairman of the Board of Amber Premium, said, “Receiving in-principle approval from VARA is a significant milestone in our long-term development process. We prudently expand our business, always prioritizing compliance. This step not only accelerates our efforts to establish institutional-grade digital wealth management capabilities in the UAE, but also demonstrates our firm commitment to regulatory expectations—safeguarding client assets through compliance and contributing to market integrity. We look forward to working with VARA to advance the subsequent licensing process.”
About Amber International Holding Limited
Amber International Holding Limited (NASDAQ: AMBR), operating under the brand "Amber Premium," is a leading global digital wealth management platform. As the private banking-grade digital wealth management specialist within the Amber Group, Amber Premium is a trusted partner for high-net-worth individuals and leading institutions, providing institutional-grade market access, trade execution infrastructure, and investment solutions. The company is committed to reshaping the digital wealth management landscape and, with its NASDAQ-listed track record, becoming a trusted gateway to digital assets. For more information, please visit www.ambr.io.
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