UAE Crypto Compliance: VARA and ADGM Interpretation
This article will explore the key content and differences between Abu Dhabi and Dubai in terms of compliance supervision.
JinseFinanceThis article will explore the key content and differences between Abu Dhabi and Dubai in terms of compliance supervision.
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JinseFinanceBitcoin price saw a massive sell-off today, but the Bitcoin futures market showed zero signs of fear.
JinseFinanceCryptocurrencies may come up at Thursday’s presidential debate; Cowen said Biden may hint at a softer stance on cryptocurrencies.
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JinseFinanceBG, unlicensed by VARA, potentially breached regulations by issuing and marketing ISLM tokens in Dubai without approval, requiring immediate cessation of activities and obtaining necessary VARA licenses.
AlexKomainu, a collaborative venture in the cryptocurrency custody sector involving Nomura, Ledger, and CoinShares, has successfully acquired an operating license from Dubai's Virtual Asset Regulatory Authority (VARA).
BrianWhile the founders and CEO have settled their fines, VARA reported that OPNX is yet to make the required payment, potentially leading the regulator to take further measures against the platform.
SnakeThe market alert issued by VARA states that BitOasis is being reviewed for failing to meet the mandated conditions required for VARA-regulated market activity within the specified 30-60 day timeframes. Earlier this year, BitOasis was granted Dubai's "minimum viable product operational license," but the regulator may now rescind that license.
Coinlive Canadian oil and gas miner Bengal Energy is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs.
Cointelegraph