UAE Unifies Crypto Regulation via New SCA‑VARA Framework

UAE Unifies Crypto Regulation via New SCA‑VARA Framework

The United Arab Emirates has taken a decisive stride toward consolidating its digital asset oversight. The Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority (VARA) have formalized a partnership designed to harmonize the UAE’s cryptocurrency regulatory framework. A VARA spokesperson clarified that this initiative enables mutual license recognition—but does not imply automatic passporting across emirat...

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