$PEPE Dubai Updates Regulations on Digital Asset Trading to Enhance Leverage Control

According to PANews, the Dubai Virtual Assets Regulatory Authority (VARA) has amended its digital asset trading rules handbook, as reported by CoinDesk. The new regulations focus on enhancing leverage control and requiring collateral for margin trading, with significant amendments made to the Broker-Dealer and Exchange Rules Handbook. This update aims to align the regulatory framework with international risk standards and address previous regulatory gaps related to brokers and wallet service providers.

VARA stated that the amendments are based on practical licensing experience and best international practices, contributing to the development of a more mature governance system. Ruben Bombardi, VARA's legal director, emphasized that these updates strengthen the foundation of a "responsible and scalable ecosystem". The previously clear management requirements c$TRUMP $DOGE