WebCrypto Regulation in Dubai. On February 28, 2024, Sheikh Mohammed bin Rashid Al Maktoum, Minister of Finance and Deputy Ruler of Dubai, made history. He approved the Virtual Assets Law (VAL) and established the Virtual Assets Regulatory Authority (VARA), thereby regulating the status of cryptocurrencies in Dubai. Sheikh Al Maktoum tweeted: WebCrypto Regulation in Dubai. On February 28, 2024, Sheikh Mohammed bin Rashid Al Maktoum, Minister of Finance and Deputy Ruler of Dubai, made history. He approved the …
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