Call us Contact us now
+44 (2038) 07 15 07

Search


Dubai’s VARA Fines 7 Crypto Companies and Issues Cease-and-Desist Orders

...cy industry, as the region generally adopts a pro-innovation stance toward virtual assets. Dubai has become a major hub for cryptocurrency businesses thanks to its favorable regulatory environment, particularly after the introduction of the Dubai virtual asset regulation Law in 2022. VARA was established as part of this law, tasked with overseeing the burgeoning virtual assets sector, protectin...

Path: Blog