Dubai regulator tightens rules on crypto marketing
VARA CEO Matthew White said that clear and actionable guidance helps crypto providers deliver their services responsibly.
Dubai’s digital asset regulator will adopt stricter requirements for companies marketing crypto investments in the country.
In a press release sent to Cointelegraph, Dubai’s Virtual Asset Regulatory Authority (VARA) announced that companies promoting digital asset investments in the country should add a disclaimer to their material.
The crypto regulator said that the disclaimer must be prominently displayed and state that “virtual assets may lose their value in full or in part and are subject to extreme volatility.”
VARA CEO Matthew White said that clear and actionable guidance helps crypto providers deliver their services responsibly.
Dubai’s digital asset regulator will adopt stricter requirements for companies marketing crypto investments in the country. In a press release sent to Cointelegraph, Dubai’s Virtual Asset Regulatory Authority (VARA) announced that companies promoting digital asset investments in the country should add a disclaimer to their material. The crypto regulator said that the disclaimer must be prominently displayed and state that “virtual assets may lose their value in full or in part and are subject to extreme volatility.”Read more