The move came less than two months after Sheikh Mohammed bin Rashid Al Maktoum established VARA and announced a new legal framework for crypto in Dubai. The Dubai Virtual Asset Regulatory Authority, ...
Dubai is building a future where the physical city has a living, breathing digital counterpart. This is not just about making ...
One of the leading crypto hubs in the Middle East, the emirate of Dubai, launches the Dubai Metaverse Strategy, which aims to turn it into one of the world’s top 10 Metaverse economies. The strategy ...
Following the issuance of Law No.4 of 2022 on the Regulation of Virtual Assets in February 2022 (the "DVAL") and the establishment of the Dubai Virtual Assets Regulatory Authority ("VARA"), on 25 ...
On 28 February 2022, the Ruler of Dubai issued Law No.4 of 2022 on the Regulation of Virtual Assets (the "DVAL") in Dubai, which came into effect on 11 March 2022. The DVAL is the first law in Dubai, ...
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