Dubai regulators have set the compliance deadline for new encryption regulations to June 19.

GateUser-6433627c · 2025-05-19T11:09:38+00:00

Dubai's Crypto Assets regulatory authority requires licensed digital asset companies to comply with the latest version of the rulebook, enhancing regulation to improve market integrity. The rulebook version 2.0 strengthens the regulation of Margin trading and Token distribution and provides clearer definitions of compliance requirements. Licensed businesses must comply with the new regulations by June 19.

GateUser-6433627c

2025-05-19 11:09:38

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On May 19, according to Cointelegraph, Dubai’s cryptocurrency regulatory authority has requested licensed digital asset companies to comply with its latest version of the activity-based rulebook by June 19, to enhance market integrity and risk regulation. On May 19, the Dubai Virtual Assets Regulatory Authority (VARA) announced the release of the Rules Handbook version 2.0. The Dubai regulator stated that it has strengthened the regulation of margin trading and token distribution services, enhanced the consistency of compliance requirements for all licensed businesses, and provided a clearer definition of collateral wallet arrangements.

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