Dubai regulator sets June 19 as compliance deadline for new crypto rules

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MarsBit
05-19
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Mars Finance News, according to Cointelegraph, the Dubai cryptocurrency regulatory authority has required licensed digital asset companies to comply with the latest version of its activity-based rule manual by June 19 to enhance market integrity and risk supervision. On May 19, the Virtual Assets Regulatory Authority (VARA) announced the release of Rule Manual version 2.0. The Dubai regulatory authority stated that it has strengthened supervision of margin trading and token distribution services, enhanced the consistency of compliance requirements for all licensed businesses, and provided clearer definitions for collateral wallet arrangements.

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