BREAKING ‼️‼️‼️🚨🚨🚨

Dubai's Virtual Asset Regulatory Authority (VARA) has updated its rulebook for digital asset trading.

This will help VARA's rules to align with global risk standards, the regulator said in an emailed announcement on Monday.

VARA has also introduced sections of its rulebook to properly oversee areas of the crypto industry that were previously lightly regulated, such as broker-dealers and wallets