Regulators Partner to Bolster UAE’s Crypto Hub Status
![Regulators Partner to Bolster UAE’s Crypto Hub Status](https://cryptoinvestment.at/wp-content/uploads/2024/09/regulators-partner-to-bolster-uaes-crypto-hub-status.jpg)
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable and regulated virtual assets sector in the UAE. Both regulators will work together to ensure […]