#Virtual Assets

Finding the right balance Virtual assets regulation in the UAE

Finding the right balance: Virtual assets regulation in the UAE

The UAE’s guidance on virtual assets seeks to strengthen the supervisory and regulatory frameworks of the country’s regulatory bodies

Dubai’s VARA, DET to establish market assurance standards for virtual assets

The MoU strengthens VARA’s aim to achieve full transparency and market conduct adherence across virtual asset service providers licenced to operate in Dubai

Dubai's Virtual asset

Dubai’s Virtual Assets Regulatory Authority enters the metaverse with Sandbox HQ

As the world’s first regulator to make its debut in the metaverse, VARA aims to ensure that the regulator is accessible to its industry in their environment

Metaverse mansion concept - union Square House

Union Square House to launch metaverse mansions in the MENA region

Real estate sales in the metaverse reached $500m in 2021 and it’s projected to grow at a CAGR of 31 per cent from 2022 to 2028

Binance receives in-principle approval from Abu Dhabi Global Market

Upon completion of the application, Binance will be able to offer services regarding virtual asset offerings to customers across the MENA region

UAE’s ADGM, FSRA look to amend capital markets framework

ADGM’s FSRA has published a paper proposing wide-ranging amendments covering virtual assets, securities, derivatives, commodities and benchmarks

Binance secures licence by Dubai’s Virtual Asset Regulatory Authority

The company will be allowed to offer limited exchange products and services to pre-qualified investors and professional financial service providers

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed approves law regulating digital assets in Dubai

The provisions of the Dubai Virtual Asset Regulation Law will be applicable across the emirate, except the Dubai International Financial Centre