🚨 Breaking: Dubai’s VARA Tightens Crypto Trading Rules – What You Need to Know!
Dubai’s Virtual Asset Regulatory Authority (VARA) has updated its rulebook, introducing stricter leverage controls and collateral requirements for broker-dealers and exchanges.
🔹 Key Updates:
✔️ Stronger risk alignment with global standards
✔️ Expanded oversight for previously lightly regulated areas (e.g., broker-dealers & wallets)
✔️ Framework now reflects real-world licensing experience
Major exchanges like Binance, Crypto.com, and OKX already operate under VARA’s rules—now upgraded for a more mature crypto ecosystem.
"These updates reinforce the foundations of a responsible, scalable ecosystem." – Ruben Bombardi, VARA General Counsel.