Dubai Enforces Stricter Margin Rules in Crypto, Impacting Traders

The cryptocurrency market in Dubai is facing a significant shakeup as the Virtual Asset Regulatory Authority (VARA) implements stricter rules on margin trading. This move signifies a commitment to creating a more secure and stable ecosystem for digital asset businesses and investors. VARA’s updated broker-dealer and exchange rulebooks now enforce more stringent limits on leverage and collateral, directly impacting how traders interact with cryptocurrencies in Dubai. [Link to article: Dubai Crypto Regulation: VARA Tightens Grip on Margin Trading]