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by: xpoolPosted on: October 7, 2025

Dubai Tightens Regulations: 19 Firms Face Penalties for Unlicensed Crypto Services

Dubai’s Virtual Assets Regulatory Authority (VARA) has taken a firm stance against unlicensed crypto businesses, imposing substantial penalties and cease-and-desist orders on 19 companies operating without authorization. This action reflects VARA’s commitment to safeguarding the emirate’s digital asset ecosystem and ensuring adherence to regulatory standards.

Related posts:

  1. Dubai VARA Sets June 19th, 2025 Deadline for Crypto Exchange Compliance
  2. Dubai VARA Sets June 19 Deadline for Crypto Firms to Comply with New Rules
  3. Dubai Issues Fines to 19 Crypto Firms for Operating Without Licenses
  4. Dubai VARA Cracks Down on Unlicensed Crypto Firms
Crypto Regulation Dubai VARA

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