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Thu, 31.08.2023
Home BUSINESSStarting August 31, all cryptocurrency businesses in Dubai come ‘VARA-certified’

Starting August 31, all cryptocurrency businesses in Dubai come ‘VARA-certified’

by Press Room


Dubai: It’s the start of a brand new chapter for all cryptocurrency businesses in Dubai, as they operate as licensed – and fully regulated – entities by the emirate’s virtual assets regulator.

The transition means businesses engaged in crypto-assets need to show they have the credentials to conduct these operations. If things go wrong, their clients are in a relatively good position to be duly…



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