Setting up a cryptocurrency business in Dubai has become increasingly popular due to the clear regulations introduced by the Virtual Assets Regulatory Authority (VARA). Established in 2022, VARA oversees virtual asset services in Dubai and helps maintain transparency, security, and compliance in this fast-changing sector. If you’re planning to start or operate a crypto-related...

  Its progressive approach towards digital assets and blockchain technology has attracted many startups and investors to set up shop in this vibrant city. However, if you plan to start a crypto business in Dubai, it’s important to understand the legal landscape to avoid running into trouble. One crucial step you cannot skip is obtaining the VARA registration. In this article, we will...

  The United Arab Emirates (UAE) is becoming one of the most popular places for businesses that deal with virtual assets like cryptocurrencies, tokens, and blockchain-related services. To help regulate and support these kinds of businesses, the government of Dubai created the Virtual Assets Regulatory Authority (VARA) in 2022. If you are planning to start a virtual asset company in Dubai,...

  A big reason for this is the VARA registration. VARA stands for the Virtual Assets Regulatory Authority, and it was set up by the Dubai government to oversee digital assets like Bitcoin, Ethereum, NFTs, and crypto exchanges. More and more crypto businesses from around the world are now registering with VARA. But why are they making this move? Let’s break it down into simple terms....