 |
SINGAPORE, Sept. 23, 2024 /PRNewswire/ -- Amber Group, a leading global digital asset company, today announced that its Dubai subsidiary, Amber Premium FZE, has secured an in-principle approval (IPA) for the Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA).
The in-principle approval allows Amber Premium FZE to offer a comprehensive suite of virtual asset services, including broker-dealer activities, lending and borrowing solutions, and management and investment services, all within the regulatory framework of the UAE. Serving as the company's regional headquarters, Amber Premium FZE will cater to both institutional clients and high-net-worth individuals in the region.
As the world's first specialized regulator for virtual assets, VARA is committed to fostering a responsible and innovative virtual asset ecosystem in Dubai. Its comprehensive regulatory framework, designed to protect investors and ensure market integrity, aligns with Amber Group's own commitment to security and compliance.
"We are proud to receive this in-principle approval, underscoring our dedication to responsible innovation within robust regulatory environments like Dubai's," said Michael Wu, CEO of Amber Group. "With our regional hub in Dubai, we look forward to expanding our premium virtual asset services and expertise across the Middle East, providing clients with tailored solutions backed by our deep global experience."
With a proven track record of compliance, Amber Group previously secured licenses from major financial centers worldwide, including a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) and Type 1, 4, and 9 licenses from the Hong Kong Securities and Futures Commission through its subsidiaries.
About Amber Group
Amber Group is a global digital asset leader headquartered in Singapore. Since 2017, we've built full-stack solutions that bridge traditional finance and digital assets, offering end-to-end services including wealth management, asset management, market making, advisory, investing and infrastructure. Backed by top investors and with deep expertise in crypto and traditional markets, we leverage AI, blockchain and quantitative research to deliver personalized and cutting-edge solutions to help our global client base of HNW individuals, institutions, crypto funds, exchanges and projects optimize returns safely in any market conditions
For more information, please visit:
About VARA
Established in March 2022, following the effect of Law No.4 of 2022, VARA is the competent entity in charge of regulating, supervising, and overseeing VAs and VA Activities in all zones across the Emirate of Dubai, including Special Development Zones and Free Zones but excluding the Dubai International Financial Centre. VARA plays a central role in creating Dubai's advanced legal framework to protect investors and establish international standards for Virtual Asset industry governance, while supporting the vision for a borderless economy.
Learn more at: https://www.vara.ae/
SINGAPORE, Sept. 23, 2024 /PRNewswire/ -- Amber Group, a leading global digital asset company, today announced that its Dubai subsidiary, Amber Premium FZE, has secured an in-principle approval (IPA) for the Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA).
The in-principle approval allows Amber Premium FZE to offer a comprehensive suite of virtual asset services, including broker-dealer activities, lending and borrowing solutions, and management and investment services, all within the regulatory framework of the UAE. Serving as the company's regional headquarters, Amber Premium FZE will cater to both institutional clients and high-net-worth individuals in the region.
As the world's first specialized regulator for virtual assets, VARA is committed to fostering a responsible and innovative virtual asset ecosystem in Dubai. Its comprehensive regulatory framework, designed to protect investors and ensure market integrity, aligns with Amber Group's own commitment to security and compliance.
"We are proud to receive this in-principle approval, underscoring our dedication to responsible innovation within robust regulatory environments like Dubai's," said Michael Wu, CEO of Amber Group. "With our regional hub in Dubai, we look forward to expanding our premium virtual asset services and expertise across the Middle East, providing clients with tailored solutions backed by our deep global experience."
With a proven track record of compliance, Amber Group previously secured licenses from major financial centers worldwide, including a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) and Type 1, 4, and 9 licenses from the Hong Kong Securities and Futures Commission through its subsidiaries.
About Amber Group
Amber Group is a global digital asset leader headquartered in Singapore. Since 2017, we've built full-stack solutions that bridge traditional finance and digital assets, offering end-to-end services including wealth management, asset management, market making, advisory, investing and infrastructure. Backed by top investors and with deep expertise in crypto and traditional markets, we leverage AI, blockchain and quantitative research to deliver personalized and cutting-edge solutions to help our global client base of HNW individuals, institutions, crypto funds, exchanges and projects optimize returns safely in any market conditions
For more information, please visit:
About VARA
Established in March 2022, following the effect of Law No.4 of 2022, VARA is the competent entity in charge of regulating, supervising, and overseeing VAs and VA Activities in all zones across the Emirate of Dubai, including Special Development Zones and Free Zones but excluding the Dubai International Financial Centre. VARA plays a central role in creating Dubai's advanced legal framework to protect investors and establish international standards for Virtual Asset industry governance, while supporting the vision for a borderless economy.
Learn more at: https://www.vara.ae/
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Amber Group's Dubai Subsidiary Secures In-Principle Approval for Virtual Asset Service Provider License from Dubai VARA
HONG KONG, March 2, 2026 /PRNewswire/ -- Everyware Limited today announced the launch of Caterlord Checkout, a new self-service payment solution designed to help Hong Kong restaurants speed up bill settlement, reduce labour pressure, and deliver a smoother guest experience. Fully integrated with the Caterlord POS platform, Caterlord Checkout enables restaurants to turn tables faster while maintaining accurate, secure, and fully digital payment workflows.
A new era of self‑payment
Caterlord Checkout is a dedicated self-checkout kiosk that allows guests to review their bill and pay independently at the end of their meal. The system retrieves orders by QR code, synchronises instantly with table and order status in Caterlord POS, and ensures that every transaction is recorded in real time. With automated payments and error-free posting back to the POS, operators can free front-of-house staff to focus on hospitality, allowing each waiter to cut time spent on traditional cashiering tasks by an average of 90 minutes per day.
Designed for modern diners
The solution supports multiple digital payment methods, including popular e-wallets (Octopus, Alipay, WeChat Pay, Apple Pay, Google Pay), and card schemes (Visa, Mastercard, China Union Pay, American Express, JCB), so guests can pay the way they prefer. A multilingual, user-friendly interface guides customers step by step, helping even first-time users complete payment quickly during peak hours. Restaurants can also use the Caterlord Checkout kiosk home screen as a built-in advertising space to promote new menus, seasonal campaigns, or loyalty programmes at the point of payment.
Fast deployment and flexible setup
Caterlord Checkout integrates natively with existing Caterlord POS deployments, simplifying rollout for both single-site operators and growing groups. The hardware is available in flexible formats such as wall-mount, floor-stand, and tabletop configurations, allowing restaurants to match their store layout and customer flow. Quick installation and cloud-based management mean new locations can go live with minimal disruption to day-to-day operations.
Trusted by leading Hong Kong brands
Several forward-thinking Hong Kong F&B brands have already adopted Caterlord Checkout to enhance service efficiency, including Ging Sun Ho (堅信號), Yeh Lam Kwok (椰林閣), Wan Chuen (雲川), Veggie Factory (菜籽), My Cafe (木椰), Horse Tea (馬茶). These early adopters are using the solution to shorten queues at peak time, support leaner staffing models, and capture more data around guest payment behaviour. Their deployment underscores the growing demand for smarter, guest-led payment experiences across the city's competitive dining scene.
About Everyware Limited:
Everyware Limited was founded with the vision of revolutionizing the restaurant industry through advanced cloud technology. Acknowledging the challenges faced by restaurateurs, the company developed Caterlord, an all-in-one platform that streamlines every aspect of restaurant management. Recognized as one of the most advanced and robust POS systems in Asia-Pacific, Caterlord has been widely acclaimed for its ability to support all F&B concepts, from single-unit cafes to multi-store chains. Trusted by leading F&B groups, Caterlord continues to set the standard for innovation.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Everyware Limited Launches Caterlord Checkout to Redefine Self-Service Payments for Restaurants in Hong Kong