News with the tag "VARA Regulations"

In a surprising turn of events, Mantra Finance has marked a major milestone by obtaining a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This move enables Mantra to expand its operations to the UAE and MENA region. as a licensed Virtual Asset ...

The leading Singapore-based crypto exchange, Crypto.com, has expanded its global footprint, as evidenced by its significant announcement today. Notably, the exchange unveiled its latest move that would allow it to broaden its services in Dubai, marking a pivotal moment in its expansion strategy. Mea...

The leading Singapore-based crypto exchange, Crypto.com, has set its sights on expanding its global footprint with a significant announcement. Notably, the exchange unveiled the latest development that would allow it to broaden its services in Dubai, marking a pivotal moment in its expansion strateg...

Amid the recent regulatory actions, Virtual Assets Regulatory Authority (VARA) Dubai has announced a comprehensive public record detailing Licensed Virtual Asset Service Providers (VASPs). The main motive behind the public display is to promote transparency and safeguard consumer interests. The grow...

The Chief Executive Officer (CEO) of Dubai’s Virtual Asset Regulatory Authority (VARA) Henson Orser announced to step down from his position, on November 16. Notably, Mathew White, a partner at PwC and a consultant at VARA will take over as the new CEO. According to a Bloomberg report, VARA in a sta...

The Chief Executive Officer (CEO) of Dubai’s Virtual Asset Regulatory Authority (VARA) Henson Orser announced to step down from his position, on November 16. Notably, Mathew White, a partner at PwC and a consultant at VARA will take over as the new CEO. According to a Bloomberg report, VARA in a sta...

In a decisive move to safeguard investors and cement its position as a frontrunner in the virtual asset space, Dubai’s Virtual Asset Regulatory Authority (VARA) has rolled out a final call. This request requires all crypto-related businesses to finalize their licensing endeavors by November 17, 2023...