May 8, 2025

Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations

1 min read

The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of the risks associated with dealing with unlicensed crypto businesses, emphasizing the potential for financial and

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Source: Bitcoin.com

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