Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Dubai regulator wants to reduce burden on small #crypto firms 🤔💸 See more below 👇👇👇 https://t.co/QkmjqHGhKd https://t.co/AtbUIrXOPt
BREAKING: Good news for crypto startups in Dubai! @varadubai regulator looking to reduce compliance costs for smaller firms. Although most businesses praised Dubai's regulations, several were concerned about the cost. https://t.co/9YDsu2F01d
US regulators: How can we most efficiently sue crypto companies and force them offshore? Dubai regulators: How can we make it more affordable for smaller crypto firms to register here? https://t.co/RwsqQSADpx
During Paris Blockchain Week, VARA CEO Matthew White discussed the Dubai Virtual Asset Regulatory Authority's (VARA) initiative exploring ways to ease the regulatory cost burden for smaller crypto firms. The initiative aims to make it more affordable for these firms to register and operate in Dubai by potentially implementing a model where larger entities support smaller ones. This move has been generally praised by businesses, although concerns about the costs involved remain.
