
Dubai Tightens Grip On Crypto, Issues Cease And Desist Orders To 7 VASP Operators
Source: Bitcoinist The Virtual Assets Regulatory Authority (VARA) in Dubai has moved decisively, slapping cease-and-desist orders on seven VASPs. This is all a part of VARA’s continued attempts to make sure everyone follows its rules, especially when it comes to crypto marketing and licensing. The fines imposed can reach up to AED 100,000 (around $27,000),…