Dubai and the UAE Coordinate Crypto Frameworks Under New Partnership
According to a report by Jinse Finance, the United Arab Emirates (UAE) has taken a significant step forward in coordinating its approach to cryptocurrency regulation. The UAE Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority (VARA) have announced the establishment of a strategic partnership to unify the country's cryptocurrency regulatory framework. A VARA spokesperson stated that this latest development formally establishes an agreement between the two regulatory bodies and will implement this intention through specific mechanisms.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
As the US strives to mediate, Russia and Ukraine launch attacks against each other
Data: A certain whale purchased 2,024 ETH and currently holds 7,066 ETH.
A certain whale has accumulated 7,066 ETH on HyperLiquid, with holdings exceeding $21.22 million.
