Virtual Assets Regulatory Authority (Dubai) regulator

Regulator · PageRank 0.0306

Also known as: VARA, Dubai VARA

Source: vara.ae

Overview

The Virtual Assets Regulatory Authority (VARA) is the Dubai government agency responsible for regulating virtual assets and virtual asset service providers in the emirate, excluding the Dubai International Financial Centre. Established in March 2022 under Law No. (4) of 2022, it is the world's first dedicated virtual asset regulator. VARA sets and enforces rules for the issuance, listing, and trading of virtual assets.

Within the DeFi Intel graph, Virtual Assets Regulatory Authority (Dubai) connects to 40 tracked entities, most strongly to Dubai / UAE, BitGo, Binance.

Relations

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Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 40 total).

Frequently asked questions

What is Virtual Assets Regulatory Authority (Dubai)?

VARA is the regulatory body for virtual assets in Dubai (excluding DIFC), established to oversee virtual asset service providers and ensure compliance with anti-money laundering and consumer protection standards.

What is the legal basis for VARA's authority?

VARA was created by Dubai Law No. (4) of 2022, which defines its powers to regulate, license, and supervise virtual asset activities in Dubai.

Does VARA regulate all crypto businesses in Dubai?

No. VARA's jurisdiction covers the Dubai mainland and free zones except the Dubai International Financial Centre (DIFC), which has its own separate financial services regulator.

What is Virtual Assets Regulatory Authority (Dubai) connected to?

In the DeFi Intel knowledge graph, Virtual Assets Regulatory Authority (Dubai) is linked to 40 other tracked entities, most strongly to Dubai / UAE, BitGo, Binance.