The head of Dubai's Virtual Assets Regulatory Authority is focusing on lowering compliance costs for small crypto firms, aiming to make regulations more inclusive for all entities in the sector, as stated by the CEO Matthew White.
Dubai unveiled its crypto regulatory regime last year, requiring firms to obtain authorization to operate. While some big players obtained licenses, efforts are being made to support smaller market participants in complying with regulations.
#dubai #virtual-assets-regulatory-authority #cryptocurrency-regulations #compliance-costs #small-crypto-firms
[
add
]
[
|
|
...
]