Dubai’s VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities

Dubai’s VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities

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Source: Coindesk.com

Dubai's virtual-assets regulator issued cease-and-desist orders and fined seven unidentified crypto entities. The emirate projects itself as a crypto hub, and has recently given licenses to crypto exchanges Binance, OKX and Crypto.com.

Dubai's Virtual Assets Regulatory Authority (VARA), one of the bodies overseeing the crypto industry in the United Arab Emirates

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The post "Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities" appeared first here Coindesk.com.

Source: Coindesk.com

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