In a significant development for the local crypto sector, the United Arab Emirates has established a unified regulatory framework through an agreement between the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA). According to local media, this partnership aims to streamline licensing and oversight for Virtual Asset Service Providers (VASPs) across […]In a significant development for the local crypto sector, the United Arab Emirates has established a unified regulatory framework through an agreement between the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA). According to local media, this partnership aims to streamline licensing and oversight for Virtual Asset Service Providers (VASPs) across […]

UAE Establishes Unified Regulatory Framework for Virtual Assets Through SCA and VARA Agreement

2025/08/08 17:30

In a significant development for the local crypto sector, the United Arab Emirates has established a unified regulatory framework through an agreement between the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA).

According to local media, this partnership aims to streamline licensing and oversight for Virtual Asset Service Providers (VASPs) across the country, reducing duplication and ensuring consistent regulations among different emirates. The agreement includes mutual recognition of licenses, joint application reviews, and real-time information sharing to enhance compliance monitoring. Additionally, a Coordinating Committee for Legislative Review has been formed to align existing laws with international standards, promoting a secure and competitive legal environment for digital assets. This collaboration is expected to foster investor confidence and support responsible innovation in the UAE’s rapidly evolving virtual asset market.

වියාචනය: මෙම අඩවියේ නැවත පළ කරන ලද ලිපි පොදු වේදිකාවලින් උපුටා ගන්නා ලද අතර තොරතුරුමය අරමුණු සඳහා පමණක් සපයනු ලැබේ. ඒවා MEXC හි අදහස් අත්‍යවශ්‍යයෙන් පිළිබිඹු නොකරයි. සියලුම හිමිකම් මුල් කතුවරුන් සතුවේ. කිසියම් අන්තර්ගතයක් තෙවන පාර්ශ්ව අයිතිවාසිකම් උල්ලංඝනය කරන බව ඔබ විශ්වාස කරන්නේ නම්, ඉවත් කිරීම සඳහා service@support.mexc.com අමතන්න. අන්තර්ගතයේ නිරවද්‍යතාව, සම්පූර්ණත්වය හෝ කාලෝචිතභාවය සම්බන්ධයෙන් MEXC කිසිදු සහතිකයක් ලබා නොදෙන අතර සපයන ලද තොරතුරු මත පදනම්ව ගනු ලබන කිසිදු ක්‍රියාමාර්ගයක් සඳහා වගකිව යුතු නොවේ. අන්තර්ගතය මූල්‍ය, නීතිමය හෝ වෙනත් වෘත්තීය උපදෙස් නොවන අතර, එය MEXC විසින් නිර්දේශයක් හෝ අනුමත කිරීමක් ලෙස නොසැලකිය යුතුය.

ඔබ මේවාටද කැමති විය හැකිය

CLARITY Act Gains Support as Bitcoin Policy Momentum Builds

CLARITY Act Gains Support as Bitcoin Policy Momentum Builds

The post CLARITY Act Gains Support as Bitcoin Policy Momentum Builds appeared on BitcoinEthereumNews.com. The crypto regulation in the United States has gained momentum ahead of midterm elections in 2026. Satoshi Action Fund CEO has promised a massive Bitcoin announcement that may change crypto adoption optics. The Clarity Act has already received minimum required support from the Democratic Senators. Crypto regulation in the U.S. is picking up speed heading into the 2026 midterms. The Satoshi Action Fund, led by Dennis Porter, has ramped up lobbying efforts in Washington D.C., pushing lawmakers to prioritize the CLARITY Act. Porter also teased that a “massive” Bitcoin announcement is coming next week; one he claims could change the trajectory of Bitcoin adoption in the U.S.  Industry voices are urging traders to watch closely. Benjamin Aaron Semchee, chairman of Averliz, told followers that Porter’s call deserves attention, underscoring how policy shifts could hit markets fast. What Crypto Regulations Are Expected from Washington D.C? Building on the GENIUS Act The U.S. lawmakers came together from both major parties to pass the GENIUS Act, which focuses on stablecoins as a form of payment.  With the country’s labor data having revealed weakness, lawmakers are now more keen than ever to tap into the emerging technologies to create new and higher paying jobs. Bipartisan Push for the CLARITY Act Momentum is now behind the CLARITY Act, which aims to overhaul crypto market structure rules. On Friday, 12 Democratic Senators, led by Senator Ruben Gallego, reaffirmed their intent to work across the aisle. “We hope our Republican colleagues will agree to a bipartisan authorship process, as is the norm for legislation of this scale. Given our shared interest in moving forward quickly on this issue, we hope they will agree to reasonable requests to allow for true collaboration,” the Dem Senators noted. Related: Ray Dalio Warns of US ‘Economic Heart Attack’ From Debt, Sees…
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BitcoinEthereumNews2025/09/20 21:02