Dubai New Crypto Regulations

in crypto •  2 years ago 

Dubai releases crypto regulations for virtual asset services providers

The laws apply to market participants within the emirate of Dubai, with the exception of those under the Dubai International Financial Centre.

The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASP) operating within the emirate.

With so many crypto news outlets never bothering to give their readers actual links to the actual news sources, here it is: VARA or pdf.

Privacy coins need not apply.

crypto regulations dubai vara vasp virtualassets
2 years ago by
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      ·  2 years ago  ·  

    and I think basic packages come to $50-100k - not exactly cheap compared to offshore havens. Cheap enough if you have a few mil.

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