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Coinbase will list Vara (VARA)
21/09/2023 00:08
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- Dubai’s VARA Cracks Down on Unlicensed Crypto FirmsBullishBearish
More news about vara crypto
- JinseFinance
UAE Crypto Compliance: VARA and ADGM Interpretation
This article will explore the key content and differences between Abu Dhabi and Dubai in terms of compliance supervision.
JinseFinanceDubai’s VARA Issues Strong Warning on Memecoins: 76% of Influencer-Promoted Tokens Fail
VARA has issued a warning about the high risks of memecoins, stressing their volatility and potential for manipulation. The authority is enforcing strict regulations on their issuance and promotion, with fines for non-compliance, to protect investors.
WeatherlyDubai’s new VARA compliance rules: How virtual asset service providers can meet the challenges
In the rapidly developing Web3 cryptocurrency field, compliance has become a crucial keyword.
JinseFinanceBybit's Provisional License from Dubai’s VARA Boosts Crypto Market Influence
Bybit has secured a provisional license from Dubai’s VARA, signaling progress toward full licensing and strengthening its position in the global crypto market. The company is also expanding in Hong Kong to tap into the growing Asia-Pacific market, reflecting its broader strategy to enhance its global presence.
WeatherlyDeribit's Dubai Gambit: Setting Up Global HQ After Securing Conditional VARA License
Deribit, the world’s largest cryptocurrency options exchange, is set to establish its global headquarters in Dubai following the granting of a conditional virtual asset service provider license by the Virtual Asset Regulatory Authority (VARA). This move signifies a strategic shift in the company's operations, with plans to cater primarily to institutional investors. Additionally, Deribit has announced leadership changes and intends to pursue further expansion in the European market by seeking an EU brokerage license. Despite these developments, the operational status of the Dubai exchange is contingent upon meeting VARA's requirements, which could potentially lead to delays.
BerniceDubai Regulator VARA Bans Islamic Coin Following Investigation into Terrorist Financing, Money Laundering
Bored Gen DMCC (BG), the parent entity of Islamic Coin, had been under VARA's scrutiny regarding the legal issuance, marketing, and distribution of the token.
AlexCryptocurrency Custody Venture Komainu Secures Operating License from Dubai's VARA
Komainu, a collaborative venture in the cryptocurrency custody sector involving Nomura, Ledger, and CoinShares, has successfully acquired an operating license from Dubai's Virtual Asset Regulatory Authority (VARA).
BrianDubai's VARA Fines OPNX $2.7M for "Market Offenses"
While the founders and CEO have settled their fines, VARA reported that OPNX is yet to make the required payment, potentially leading the regulator to take further measures against the platform.
SnakeDubai Regulator VARA Takes Action Against BitOasis
The market alert issued by VARA states that BitOasis is being reviewed for failing to meet the mandated conditions required for VARA-regulated market activity within the specified 30-60 day timeframes. Earlier this year, BitOasis was granted Dubai's "minimum viable product operational license," but the regulator may now rescind that license.
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