VARA fines Morpheus Software Technology for violating AML Dubai-based virtual assets regulatory body VARA has fined Morpheus Software Technology for failing to meet appropriate governance standards and for intentionally violating anti-money laundering rules, as per a Khaleej Times... Johann Wilfred — 4 weeks ago
Laser Digital to stir up Dubai’s crypto market with regulated derivatives As Dubai marches on its quest to explore the crypto sector, it has approved the establishment of its first over-the-counter (OTC) desk for crypto derivatives offerings. Laser Digital, the crypto-focused... Radhika Parashar — 1 month ago
OKX launches crypto derivatives trading in UAE under VARA’s oversight The OKX crypto exchange, that completed its UAE registration in October 2024, is expanding its range of services in the region. On Monday, July 28, OKX announced the launch of... Radhika Parashar — 1 month ago
UAE authorities react to viral TON golden visa rumour Crypto enthusiasts in the UAE had an interesting weekend, as rumours of a Golden Visa for staking The Open Network’s (TON) coin did the rounds. It all started with TON... Stacy Pereira — 2 months ago
UAE’s SCA creates provisions for tokens for securities and commodities The SCA governing securities and commodities for the UAE has introduced new legislation regarding distributed ledger technology, specifically for securities and commodities tokens. The document listing the provisions recognises the... Johann Wilfred — 2 months ago
Bitcoin.com sets up shop in Dubai’s DMCC All-in-one Bitcoin platform, Bitcoin.com, has established a regional headquarters in Dubai’s DMCC crypto centre. Home to over 650 companies, DMCC Crypto Centre provides an ecosystem for Web3 innovation and partnerships... Stacy Pereira — 3 months ago
Solana Foundation signs MOU with VARA Solana Foundation has signed an MOU (memorandum of understanding) with the Dubai-based regulatory authority, Virtual Assets Regulatory Authority, as per an X post by Solana’s official account. https://twitter.com/solana/status/1929768234028618119 “Solana Foundation... Johann Wilfred — 3 months ago
SuiHub MENA and VARA partner to strengthen Dubai’s virtual asset ecosystem This collaboration to enhance education, talent, and economic development in the region’s web3 landscape. SuiHub MENA and the Dubai Virtual Assets Regulatory Authority (VARA) are teaming up to help shape... coinheadlines — 3 months ago
Dubai sets clear rules for RWA tokenization under VARA’s updated framework Dubai’s Virtual Asset Regulatory Authority (VARA) has introduced definitive guidelines on the issuance and trading of real-world asset (RWA) tokens, marking a regulatory milestone for the UAE’s digital assets. In... Nazia Saeed — 3 months ago
Dubai’s VARA warns against fake claims in real estate tokenization The Virtual Assets Regulatory Authority (VARA) has issued a warning to investors about firms falsely claiming to be part of Dubai’s prominent real estate tokenization pilot. In collaboration with the... Mohamed Hussein — 4 months ago