1/ Dubai's Virtual Assets Regulatory Authority (VARA) has updated the #Custody Services Rulebook to allow #staking services by c

24 Aug 2023, 19:00
1/ Dubai's Virtual Assets Regulatory Authority (VARA) has updated the #Custody Services Rulebook to allow #staking services by custodians. No separate license is needed for VA Management and Investment Services, but specific VARA approval is required. πŸ‡¦πŸ‡ͺπŸ“œ

Same news in other sources

1
Shyft Network
Shyft NetworkSHFT #813
Twitter
24 Aug 2023, 19:00
2/ With this change, VASPs (= #crypto businesses) can now provide #stakingservices under their existing legal structure, subject to additional fees. πŸ’° This aligns with Dubai's strategy to grow the fintech sector while ensuring consumer protection and market integrity. πŸ“ˆπŸ›‘οΈ
2/ With this change, VASPs (= #crypto businesses) can now provide #stakingservices under their existing legal structure, subject
2/ With this change, VASPs (= #crypto businesses) can now provide #stakingservices under their existing legal structure, subject to additional fees. πŸ’° This aligns with Dubai's strategy to grow the fintech sector while ensuring consumer protection and market integrity. πŸ“ˆπŸ›‘οΈ