Dubai’s Virtual Assets Regulatory Authority (VARA) has signed a memorandum of understanding with the DePIN protocol peaq to establish regulations for on-chain robotics and tokenized machines. The agreement […]
Dubai Cracks Down on Crypto Firms: 19 Entities Face Penalties for Breaches
Dubai’s regulatory authority, VARA, has launched a significant crackdown on crypto firms operating within the city-state, imposing substantial fines and halting all virtual asset services. The enforcement action […]
Dubai Fines 19 Unlicensed Crypto Firms $163,000 for Market Integrity
Dubai’s Virtual Assets Regulatory Authority (VARA) has imposed fines up to $163,000 on 19 firms operating without licenses for unlicensed crypto activities. These penalties aim to maintain transparency […]
Dubai VARA Cracks Down on Unlicensed Crypto Firms
The Dubai Virtual Assets Regulatory Authority (VARA) has enforced stricter oversight over the city’s virtual asset industry. In a recent crackdown, VARA issued fines of up to AED […]
Dubai Issues Fines to 19 Crypto Firms for Operating Without Licenses
The Dubai Virtual Assets Regulatory Authority (VARA) has issued hefty fines of up to AED 600,000 to 19 crypto firms, including TON DLT Foundation and LBank, for operating […]
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 […]
Dubai Cracks Down on Unlicensed Crypto Firms: 19 Face Penalties
Dubai’s financial authorities have intensified their grip on the cryptocurrency market, issuing fines to 19 unlicensed firms operating in the emirate. The Virtual Assets Regulatory Authority (VARA) aims […]
Rumored VARA Fine Impacts Fuze, Potential Implications for Crypto Market
Rumors suggest Dubai’s Virtual Assets Regulatory Authority (VARA) fined crypto firm Fuze for AML compliance failures. However, no official confirmation exists from either the company or the government. […]
Dubai Enforces Stricter Crypto Regulations with VARA 2.0
Dubai is taking a proactive approach to the crypto sector, implementing stricter rules for businesses operating within its virtual asset framework. The Virtual Assets Regulatory Authority (VARA) has […]
Dubai VARA Sets June 19 Deadline for Crypto Firms to Comply with New Rules
The Dubai Virtual Assets Regulatory Authority (VARA) has issued a June 19 deadline for crypto firms to comply with its updated activity-based rulebooks, aiming to enhance market integrity […]
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 […]
Dubai VARA Sets June 19th, 2025 Deadline for Crypto Exchange Compliance
Dubai’s Virtual Assets Regulatory Authority (VARA) has issued a compliance deadline of June 19, 2025, for licensed crypto exchanges operating within the emirate to adapt their operations to […]
Dubai’s Crypto Regulator Sets June Deadline for Updated Rules
Dubai’s Virtual Assets Regulatory Authority (VARA) has set a deadline of June 19th for licensed digital asset companies to comply with updated activity-based Rulebooks. These changes aim to […]
Dubai VARA Issues Warning Against Fake Tokenization Claims
Dubai’s Virtual Assets Regulatory Authority (VARA) has issued a warning against unauthorized entities falsely claiming involvement in the real estate tokenization pilot project launched by Dubai Land Department. […]
VARA Warns Against Unauthorized Participation in Dubai Real Estate Tokenization Project
The Dubai Virtual Assets Regulatory Authority (VARA) issued a warning on April 23 regarding unauthorized participation in the Dubai Land Department’s (DLD) real estate tokenization pilot program. The […]