Dubai’s VARA establishes formal derivatives regime and clarifies virtual asset issuance rules ...Middle East

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Dubai’s VARA establishes formal derivatives regime and clarifies virtual asset issuance rules
Sweeping new rules by Dubai’s Virtual Assets Regulatory Authority (VARA) in its updated exchange services rulebook, governing the trading of derivatives linked to virtual assets, marks a significant evolution of Dubai’s virtual asset regulatory regime following the successful rollout of a virtual asset derivatives pilot programme, according to experts.

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