Regulators Partner to Bolster UAE’s Crypto Hub Status

United Arab Emirates (UAE) regulators, SCA and VARA, person signed a practice statement to fortify the country’s presumption arsenic a virtual assets hub. The statement outlines licensing requirements for VASPs, establishes communal supervision mechanisms, and aims to foster a unchangeable and regulated virtual assets assemblage successful the UAE. Both regulators volition enactment unneurotic to guarantee […]