On December 8, we received a response to our application that we sent on October 3 to VARA (Virtual Assets Regulatory Authority) Dubai, with the desire to fully regulate our activity and license our cryptocurrency CUC.

We are happy because we are moving forward in a procedure that we know will be complex, but our team is definitely ready to fulfill all the required conditions that will be asked of us. We cannot guarantee anything, but we are certainly on the right track towards the goal of Cuprum Coin being one of the first licensed cryptocurrencies in Dubai, which will officially open our doors to institutional investors, as well as the largest crypto exchanges.
Although we are currently continuing the company registration procedure online, a personal meeting has also been arranged at VARA Dubai.
Until then, we are working on a process to bring CUC back to the market on the best possible exchange.