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Virtual Assets Regulatory Authority

3AC founders draw ire of Dubai regulator over new project
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4 May, 2023

3AC founders draw ire of Dubai regulator over new project

VARA notes that OPNX crossed its radar in February when the project began collecting personal data from customers, and in...
Binance under regulatory fire in Australia and Dubai, CZ resigns Irish directorships
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10 April, 2023

Binance under regulatory fire in Australia and Dubai, CZ resigns Irish directorships

Binance is feeling the regulatory walls closing in as authorities question the reputational damage of appearing to approve of the...
UAE digital asset regulator revokes FTX’s operational license following implosion
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29 November, 2022

UAE digital asset regulator revokes FTX’s operational license following implosion

Dubai's VARA has revoked the regional operating license of FTX MENA Minimum Viable Product, while other VASPs in the country...
Dubai virtual assets regulatory body launches sandbox-based metaverse HQ
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11 May, 2022

Dubai virtual assets regulatory body launches sandbox-based metaverse HQ

MetaHQ is a virtual office in sandbox—a blockchain-based 3D virtual open world, which will enable the regulator to have first-hand...
Dubai sets up watchdog as part of landmark digital assets law
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16 March, 2022

Dubai sets up watchdog as part of landmark digital assets law

The newly formed Virtual Assets Regulatory Authority will oversee the industry in all emirate’s special development and free zones, except...