PANews news on June 5th, according to the Sui Network announcement, its SuiHub MENA has signed a cooperation agreement with the Virtual Asset Regulatory Authority (VARA) in Dubai. Both parties will jointly support startup projects, cultivate local talent, and promote the virtual asset ecosystem in the Middle East. The cooperation includes providing compliance guidance for startups, jointly hosting educational training, supporting SuiHub's innovation center in Dubai, exploring joint research and economic policy recommendations, with the aim of building Dubai into a global virtual asset innovation center. Sui has now become VARA's official blockchain partner.
Sui and Dubai Virtual Asset Regulatory Authority (VARA) reach cooperation to promote Web3 innovation and regulatory docking in the Middle East
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