A Step-by-Step Guide to Navigating VARA VASP Licensing Pathways in Dubai

Introduction to VARA and VASP Licensing The Virtual Assets Regulatory Authority (VARA) was established as a governing body for the regulation of virtual assets within Dubai’s rapidly evolving financial landscape. VARA aims to create a regulatory framework that fosters innovation while ensuring robust consumer protection and market integrity. As digital currencies and other virtual assets … Read more

Comprehensive Guide to Central Bank Stored Value Facilities Regulation (SVF, 2020) in the UAE

Introduction to Stored Value Facilities (SVF) Stored Value Facilities (SVF) have rapidly transformed the landscape of financial transactions, playing an essential role in the contemporary financial ecosystem. These facilities enable users to store monetary value, allowing for electronic transfers and payments without the need for physical cash. The integration of SVFs into everyday transactions has … Read more