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BTCC / BTCC Square / Global Cryptocurrency /
Dubai VARA Sets June 2025 Deadline for Crypto Compliance

Dubai VARA Sets June 2025 Deadline for Crypto Compliance

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-19 14:12:02
0

Dubai’s VIRTUAL Assets Regulatory Authority (VARA) has unveiled Version 2.0 of its activity-based Rulebooks, granting licensed digital asset firms until June 19, 2025, to achieve full compliance. The update aims to standardize language, enhance risk controls, and ensure uniform management of virtual assets across the UAE.

New provisions tighten oversight of margin trading, token distribution, and collateral arrangements, while introducing clearer definitions for client assets and custodians. The move signals Dubai’s commitment to fostering a regulated yet dynamic crypto ecosystem—a balancing act between innovation and investor protection.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

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