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<ul><li>Dubai regulatory body issues rules for crypto firms covering exchange services and advertising.</li><li>The penalty for non-compliance is a fine between $5,400 and $54,451.32.</li><li>The issuance of privacy coins is outlawed.</li></ul>Dubai’s Virtual Assets and Regulatory Authority (VARA) has issued the much anticipated Full Market Regulations for Virtual Assets Services Providers (VASPs). The Dubai digital asset regulator posted about the development on its official website today, February 7, 2023.<a href="https://coinedition.com/dubai-mandates-licensing-for-crypto-firms-in-new-regulatory-rule/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Dubai Mandates Licensing for Crypto Firms in New Regulatory Rule

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