The virtual asset landscape is ever-changing across the UAE and this does not appear to be slowing down. The Virtual Assets Regulatory Authority (VARA) recently published its virtual assets regulations and associated rulebooks (see VARA issues Regulations for Dubai Virtual Assets Regime) and the UAE Securities andUAE
New developments in the UAE virtual asset space
Guidance on the risks related to virtual assets, a new VARA rulebook and a newly established “Grievance Committee”.