Among the topics addressed include borrowing and lending services, investor confidence and market growth. Among the chief reasons for the guidance, notes officials in the UAE, is providing clarity with respect to companies engaged in metaverse-related business.
Estimated reading time: 0 minutes, 23 seconds
Dubai’s VARA Seeks to Provide Clarity in the Metaverse
The Virtual Assets Regulatory Authority in Dubai, which regulates cryptocurrency activity in the UAE city, announced new regulations governing digital assets and combating “illicit financial activities in virtual space.” So reports the AL-Monitor.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-