Dubai’s Virtual Asset Regulatory Authority (VARA) has rolled out a fresh update to its digital asset trading rules, signaling a move toward a more robust and secure crypto ecosystem. The regulator has enhanced leverage controls and collateralization standards within its Broker-Deal and Exchange Rulebooks, aligning Dubai’s regulatory framework with global risk management standards.
This update aims to bring greater oversight to previously lightly regulated sectors of the crypto industry, such as broker-dealers and digital wallets. By refining these rules, VARA is strengthening its position as a leading crypto hub, which has already attracted major exchanges like Binance, Crypto.com, and OKX, all of which have secured approval under its existing regulations.
According to an official statement, VARA’s new provisions are based on extensive licensing experience and international best practices, creating a more mature and responsible framework for digital assets. Ruben Bombardi, VARA’s General Counsel, emphasized that these updates help establish a responsible, scalable crypto environment, fostering trust and growth in the industry.
Dubai’s proactive regulatory approach continues to support the city’s reputation as a global crypto capital, offering clear guidelines that encourage innovation while prioritizing security and risk mitigation. As VARA’s rules evolve, they pave the way for a safer and more transparent digital asset market, empowering both investors and industry participants alike.
