Latest news on VARA

VARA has published a revised Custody Services Rulebook, permitting Staking from Custody Services in accordance with the prescribed requirements of the amended rulebook.

Memorandum of Understanding outlines collaboration framework to institutionalise an integrated city Model for Consumer Protection and Responsible VA Operations.

The Securities and Commodities Authority (SCA) announced that it had received licensing requests and inquiries from companies intending to provide Virtual Asset services following the issuance of the necessary regulations.

The Dubai Virtual Assets Regulatory Authority [VARA] announced earlier today a schedule of fees covering the issuance of NOC, amendments or withdrawal of licence applications, and the submission of whitepapers.

UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff

The Virtual Assets Regulatory Authority (VARA), in collaboration with the Department of Economy and Tourism (DET), hereby notify you that the Regulated Virtual Assets Activities, which were issued on 7 February 2023, are now offered at DET branches.

Web3 launchpad and advisory company Enjinstarter MENA announced today that it has been granted initial approval by Dubai’s Virtual Assets Regulatory Authority (VARA).

BitOasis, MENA’s leading regional cryptocurrency trading platform has secured an MVP Operational Licence from Dubai’s VARA, completing the final step in the MVP process.

The Virtual Assets and Related Activities Regulations 2023, establishes clear requirements for the VA sector to be fully regulated under VARA in the Emirate of Dubai, including all businesses offering products and services associated with the sector.

Crypto.com, trusted by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, confirmed today that it has received its MVP Preparatory License from Dubai’s Virtual Assets Regulatory Authority (VARA).