Thu, November 14

Dubai VARA Charges Against 7 Unlicensed Crypto Entities

Dubai’s Virtual Assets Regulatory Authority (VARA) has taken significant action by issuing cease-and-desist orders against seven cryptocurrency entities. These firms operated without the necessary licenses and violated marketing regulations. As a result, VARA imposed fines ranging from AED 50,000 to AED 100,000 (approximately $13,600 to $27,200) on each entity. This

October 10, 2024 2 mins read

Crypto.com Receives Provisional Approval For Operation in Dubai

The country’s Virtual Assets Regulatory Authority (VARA), was founded in March. Many other crypto exchanges have relocated their headquarters to Dubai. The authorities in Dubai have granted provisional approval for the operation of Crypto.com, one of the fastest-growing exchange platforms in the crypto business. The country’s Virtual Assets Regulatory Authority

June 4, 2022 1 min read