Golden Finance reported that the Virtual Asset Regulatory Authority (VARA) in Dubai announced that companies promoting digital asset investments in the country must prominently display disclaimers stating that "virtual assets may depreciate in whole or in part and are subject to significant Fluctuation".
VARA CEO Matthew White said that providing clear and actionable guidance can help virtual asset service providers (VASPs) "responsibly provide services".
White also pointed out that this can enhance market trust and transparency.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Dubai regulators tighten cryptocurrency marketing rules
Golden Finance reported that the Virtual Asset Regulatory Authority (VARA) in Dubai announced that companies promoting digital asset investments in the country must prominently display disclaimers stating that "virtual assets may depreciate in whole or in part and are subject to significant Fluctuation". VARA CEO Matthew White said that providing clear and actionable guidance can help virtual asset service providers (VASPs) "responsibly provide services". White also pointed out that this can enhance market trust and transparency.