Dubai’s VARA Cracks Down on Unlicensed Crypto Firms

Dubai’s Virtual Assets Regulatory Authority has implemented a crackdown on firms and crypto companies operating without licenses or breaching marketing regulations.  On October 9, Dubai’s Virtual Assets Regulatory Authority (VARA) imposed cease-and-desist orders and fines on seven businesses for operating without the necessary licenses and violating marketing regulations. VARA stated that it... source: https://coinscreed.com/dubais-vara-cracks-down-on-unlicensed-crypto-firms.html