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Dubai’s Crypto Watchdog Gives Exchanges Until June 19 to Fall in Line—Or Face the Music
Dubai’s Crypto Watchdog Gives Exchanges Until June 19 to Fall in Line—Or Face the Music
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Dubai’s Virtual Assets Regulatory Authority (VARA) just dropped the hammer: Virtual Asset Service Providers (VASPs) have until June 19 to comply with its updated rulebook. No extensions, no excuses—just the kind of hard deadline that makes compliance officers sweat into their overpriced lattes.
The move tightens oversight in one of crypto’s most freewheeling hubs, forcing exchanges to choose between playing by the rules or packing their bags. Because nothing says ’regulatory maturity’ like a countdown clock.
Bonus jab: Meanwhile, traditional finance is still trying to figure out if ’blockchain’ is a new type of spreadsheet.
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