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Dubai’s VARA Unleashes Crypto Staking through Custody Services
In a significant move to expand the scope of virtual asset services in the Emirate of Dubai, the Virtual Asset Regulatory Authority (VARA) has published a revised Custody Services Rulebook. The updated regulations permit staking from custody services, provided that the prescribed requirements of the amended rulebook are met. This change allows Virtual Asset Service Providers (VASPs) to offer staking without needing a separate license for VA Management and Investment Services.Crypto Staking is No...
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Posted: Aug 24 2023, 08:20
Author Name: financemagnates
Views: 111732