BTCC / BTCC Square / Global Cryptocurrency /
Dubai Regulators Introduce Improved Virtual Asset-Related Oversight

Dubai Regulators Introduce Improved Virtual Asset-Related Oversight

Global Cryptocurrency
Release Time:
2025-05-20 19:11:17
0

Dubai’s VIRTUAL Asset Regulatory Authority (VARA) has unveiled Version 2.0 of its Rulebooks, marking a significant step in strengthening market integrity and risk management for digital assets. The updated framework introduces enhanced controls for margin trading and token distribution services, while harmonizing compliance requirements across all licensed activities. Market participants must comply by June 19, 2025.

The revised regulations provide clearer definitions for collateral wallet arrangements, addressing a critical need in the rapidly evolving crypto landscape. VARA’s move reflects Dubai’s ambition to establish a durable regulatory framework capable of adapting to technological advancements and market demands.

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.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users