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UAE Regulators SCA and VARA Sign Agreement for Unified Crypto Framework


by Peter Mwangi
for CoinEdition

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UAE's SCA and Dubai's VARA sign an agreement to create a unified crypto regulation and licensing framework.
  • UAE regulators unify virtual asset licensing for consistent oversight across all emirates.
  • Real-time data sharing enables coordinated inspections and efficient enforcement.
  • Legislative review targets AML and CTF gaps to align with global standards.

The United Arab Emirates is streamlining its crypto rules. The country’s two main regulators, the federal Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA), have signed an agreement to create a unified framework for the entire virtual asset industry.

One License to Operate All Across the UAE

The new partnership introduces a shared licensing process. This means a crypto firm’s license issued by either VARA in Dubai or the SCA in other emirates will be mutually recognized, allowing them to operate across the country wi…

The post UAE Regulators SCA and VARA Sign Agreement for Unified Crypto Framework appeared first on Coin Edition.

Read the article at CoinEdition

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UAE Regulators SCA and VARA Sign Agreement for Unified Crypto Framework


by Peter Mwangi
for CoinEdition

Share:

UAE's SCA and Dubai's VARA sign an agreement to create a unified crypto regulation and licensing framework.
  • UAE regulators unify virtual asset licensing for consistent oversight across all emirates.
  • Real-time data sharing enables coordinated inspections and efficient enforcement.
  • Legislative review targets AML and CTF gaps to align with global standards.

The United Arab Emirates is streamlining its crypto rules. The country’s two main regulators, the federal Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA), have signed an agreement to create a unified framework for the entire virtual asset industry.

One License to Operate All Across the UAE

The new partnership introduces a shared licensing process. This means a crypto firm’s license issued by either VARA in Dubai or the SCA in other emirates will be mutually recognized, allowing them to operate across the country wi…

The post UAE Regulators SCA and VARA Sign Agreement for Unified Crypto Framework appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0169

-6.39%

$ 0.00...361

$ 0.0869

$ 0.00051


Funds

Share:

In This News

Coins

$ 0.0169

-6.39%

$ 0.00...361

$ 0.0869

$ 0.00051


Funds

Share:

Read More

Singapore to Trial Tokenized MAS Bills and Regulate Stablecoins in 2026

Singapore to Trial Tokenized MAS Bills and Regulate Stablecoins in 2026

Singapore’s central bank will hold trials to issue tokenized MAS bills next year and ...
Tokyo Exchange Operator Weighs Tools To Check Corporate Crypto Hoarding As Listed Firms Pause Plans

Tokyo Exchange Operator Weighs Tools To Check Corporate Crypto Hoarding As Listed Firms Pause Plans

Japan Exchange Group Inc. (JPX), the operator of the Tokyo Stock Exchange, is reporte...