I recently saw the news that Multibank Group @multibank_io has officially obtained the VARA license in the UAE. To be honest, I feel quite deeply about it. In this mixed industry, the term compliance sounds simple, but the platforms that can actually obtain licenses from mainstream regulatory agencies are truly rare.

This is not just a notice of permission to operate; it means that both the spot trading we are most familiar with and the more complex derivatives and popular real-world assets are now subjected to regulatory scrutiny in their backend operations. For us users, this significantly reduces the potential risks of opaque operations.

But what makes me feel even more rare is that after Multibank obtained this entry ticket, it also voluntarily added double insurance, a $1 million civil liability insurance and a segregated funds account.

This makes me feel that the platform is not only thinking about how to comply with regulations, but also how to ensure that users' funds are protected even in the worst-case scenario, through fund isolation to guarantee that users' assets are not misappropriated. Insurance serves as the last financial line of defense in extreme situations. This combination of compliance and safety net constitutes a truly reassuring security system.

I think choosing a platform is actually choosing a bottom line. When a platform is willing to incur high costs to strive for Compliance and actively designs protection mechanisms for user assets, the signal it conveys goes beyond simple business aspects. It is more likely to become a stable partner that everyone can trust for the long term.