Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations
Submitted by Anonymous (not verified) on Fri, 10/11/2024 - 23:00
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of the risks associated with dealing with unlicensed crypto businesses, emphasizing the potential for financial and […]