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Virtual Asset Regulatory Authority

Saudi Arabia’s Web3 alliance; Dubai warns against memecoins
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28 February, 2025

Saudi Arabia’s Web3 alliance; Dubai warns against memecoins

In other news, Dubai's VARA warned consumers about the dangers of investing in memecoins, stating they are "highly speculative and...
UAE leads as Middle East embraces digital assets
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8 October, 2024

UAE leads as Middle East embraces digital assets

Chainalysis found that the UAE recorded 42% YoY growth, receiving $30 billion in digital assets in the year ending June...
CoinMENA secures Dubai VARA license for broker-dealer services
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21 December, 2023

CoinMENA secures Dubai VARA license for broker-dealer services

With the VARA license, CoinMENA can offer full-scale broker-dealer services and instant transactions in Dubai, a major step in regulatory...
Dubai: With a VASP license, GCEX can now serve Gulf’s institutional investors
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28 November, 2023

Dubai: With a VASP license, GCEX can now serve Gulf’s institutional investors

GCEX has secured Dubai VASP license for institutional investors, leveraging XplorDigital, prioritizing regulatory compliance, and planning Web 3-aligned innovative products...
Dubai’s VARA shifts leadership for market operations following CEO departure
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23 November, 2023

Dubai’s VARA shifts leadership for market operations following CEO departure

Dubai's VARA is reshaping leadership for market growth as CEO Henson Orser departs. Finance expert Mathew White is stepping in,...
Laser Digital obtains in-principle approval to operate in Abu Dhabi’s financial free zone
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30 September, 2023

Laser Digital obtains in-principle approval to operate in Abu Dhabi’s financial free zone

Laser Digital has secured approval from Abu Dhabi Global Market to offer digital currency and traditional asset services, positioning itself...
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