Dubai’s VARA Legal Shift Forces 7 Crypto Entities to Decamp

Dubai’s Virtual Assets Regulatory Authority (VARA) recently fined several cryptocurrency firms following new legal changes. In addition to the fines, VARA issued cease and desist orders, barring these companies from operating within the trade zone. As a regulatory body, VARA plays a crucial role in overseeing the cryptocurrency sector across the United Arab Emirates (UAE). Dubai’s... source: https://beincrypto.com/dubai-vara-issues-legal-changes/