On March 31, the Dubai Virtual Assets Regulatory Authority (VARA) released version 2.1 of the 'Trading Platform Service Rules Manual,' which clarifies the methods for licensed crypto companies to offer crypto derivatives trading in Dubai. The framework covers requirements such as customer suitability, leverage and margin controls, asset segregation, disclosure standards, and regulatory intervention authority. This framework applies to licensed Virtual Asset Service Providers (VASP) operating in Dubai.
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Dubai Releases Regulatory Framework for Crypto Derivatives
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