Dubai Virtual Assets Regulatory Authority

Dubai's Virtual Assets Regulatory Authority (VARA) has issued a formal warning to the co-founders of the defunct crypto hedge fund Three Arrows Capital for launching and promoting their new digital asset exchange, OPNX, without obtaining the necessary license. The warning was addressed to the...

The United Arab Emirates (UAE) Securities and Commodities Authority (SCA) has recently announced its intention to accept applications from businesses aiming to offer cryptocurrency services within the nation. This development comes as a result of the UAE Council of Ministers' decision to...