UAE strengthen crypto oversight (DigWatch)

The United Arab Emirates is moving closer to a unified regulatory framework for cryptocurrencies after the SCA and the Dubai VARA announced a formal partnership. The agreement aims to harmonise crypto oversight nationwide while maintaining robust compliance and security standards. Mutual recognition of virtual asset service provider (VASP) licences forms the partnership’s core. However, automatic passporting between emirates will not be permitted.

UAE strengthen crypto oversight | Digital Watch Observatory

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