Dubai Introduces New Rules for Trading Derivatives of Virtual Assets Like Crypto

Dubai Establishes Regulatory Framework for Virtual Asset Derivatives Trading

The Dubai Virtual Assets Regulatory Authority (VARA) on Tuesday introduced a comprehensive regulatory framework for Exchange Traded Derivatives (ETD) in virtual assets, making Dubai one of the world’s first jurisdictions to bring VA derivatives under a purpose-built, enforceable rulebook.The framework, set out in Version 2.1 of VARA’s Exchange Services Rulebook, enables licensed Virtual Asset Service Providers (VASPs) to offer derivatives produc…

Dubai introduces new rules for trading derivatives of virtual assets like crypto

Dubai’s VARA launches a pioneering regulatory framework for trading crypto and virtual asset derivatives, setting strict rules for exchanges and investor protection.

Dubai Tightens Grip On Crypto Derivatives With New Rules To Boost Investor Protection

Dubai has introduced new rules to regulate crypto derivatives trading within the country. The Virtual Assets Regulatory Authority has launched a framework to oversee derivatives linked to cryptocurrency in Dubai. The new rules aim to bring structure, transparency, and a market with less risk for users. Source: Government of Dubai The new framework introduced would be applicable to all Exchange Traded Derivatives (ETDs) and would allow licensed …

VARA Unveils New Rulebook Granting Broad Oversight of Crypto Derivatives in Dubai

TL;DR: VARA published its Exchange Services Rulebook with governance, disclosure and risk management rules for VASPs offering crypto derivatives. VASPs must segregate margin accounts, settle transactions within 24 hours and maintain active market surveillance systems. The regulator can suspend trading of any digital asset and adjust margin requirements upon any suspicion of regulatory non-compliance. The Dubai Virtual Assets Regulatory Authorit…

Dubai moves to regulate crypto derivatives under new rulebook

The move comes amid rising demand for derivatives exposure in virtual asset markets, as regulators globally seek to address the risks associated with increasingly complex digital financial instruments The post Dubai moves to regulate crypto derivatives under new rulebook appeared first on Gulf Business.

Dubai Unveils First-Ever Regulatory Framework for Crypto Derivatives Trading

Dubai has officially launched its first regulatory framework for trading crypto derivatives. The rules are set to be implemented by Dubai’s Virtual Assets Regulatory Authority, also known as VARA, with the intention of creating a framework where licensed firms can deliver complex crypto-based products. This makes Dubai one of the first places in the world The post Dubai Unveils First-Ever Regulatory Framework for Crypto Derivatives Trading appea…