Dubai Sets Crypto Derivatives Rules, Allows Retail With Leverage Cap
Dubai’s Virtual Assets Regulatory Authority (VARA) has introduced a new regulatory framework for crypto exchange-traded derivatives (ETDs), laying out how licensed crypto companies can offer the products in the emirate. In a Tuesday announcement shared with Cointelegraph, the framework, set out in Version 2.1 of VARA’s Exchange Services Rulebook, outlines requirements covering client suitability, leverage