Dubai's encryption regulatory authority VARA has updated the digital asset trading rules by introducing leverage limits and collateral requirements to align with global risk standards. The new regulations also include stricter oversight of the previously lightly regulated areas of the encryption industry, such as brokers and Wallets. VARA stated that these updates are aimed at establishing a responsible and scalable ecosystem.
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Dubai's encryption regulatory authority VARA has updated the digital asset trading rules by introducing leverage limits and collateral requirements to align with global risk standards. The new regulations also include stricter oversight of the previously lightly regulated areas of the encryption industry, such as brokers and Wallets. VARA stated that these updates are aimed at establishing a responsible and scalable ecosystem.