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 Dubai’s crypto regulator cracks down on unlicensed firms Cointelegraph 10 paź 2024

Dubai’s crypto regulator cracks down on unlicensed firms 🇦🇪

Dubai’s Virtual Assets Regulatory Authority has taken action against seven entities for operating without the necessary licenses or failing to adhere to marketing regulations. These firms faced fines ranging from $13,600 to $27,200.

This move highlights the stringent enforcement of regulatory standards in Dubai's burgeoning cryptocurrency sector, ensuring compliance to safeguard investors and uphold market integrity.

Źródło: cointelegraph.com ↗