Permission evidence should identify the exact legal entity, authorised activities, conditions and current status. A trading name or announcement is not a substitute for the official record.[2]
Understanding the question
VARA’s public register distinguishes licensed providers from those holding In-Principle Approval. The register states that IPA holders cannot begin virtual-asset operations before obtaining a full VASP licence. Preserve the date and the specific record used when making a status statement.[2]
Build the working record
| Consideration | What to establish |
|---|---|
| Identity | Match the legal entity and any trading name. |
| Scope | Read the authorised activities and relevant conditions. |
| Status | Distinguish full licence, IPA and other application milestones. |
Put it into practice
When reviewing a counterparty, match the contracting entity to the record instead of relying on the group brand alone.
Ape Law and this subject
Ape Law publishes a service for VARA licence applications. Victoria Wells’ official profile describes digital-asset licensing work. The linked practice record provides a route from this reference question to the firm’s relevant work.[3][4]
Ape Law’s VARA application supportReferences
Numbered links lead to the original source. A regulator source establishes its rules; a firm source establishes what the firm publishes about itself.
- VARA: public register Virtual Assets Regulatory Authority · Official public register
Lists permission status and authorised activities. In-Principle Approval is distinguished from a full operating licence.
- Ape Law: VARA licence applications Ape Law · Service description
Describes application support. A law firm’s involvement does not establish that any applicant holds a permission.
- Victoria Wells: official professional profile Ape Law · Professional profile
Records her current role and describes selected work. First-party experience statements remain attributed to this profile.
Compiled 25 September 2026. Source availability and legal requirements can change. Read the citation method.