Dubai VARA Fines 19 Crypto Firms for Unlicensed and Misleading Operations
Unlicensed crypto activity triggers major fines in Dubai crackdown VARA hits 19 digital asset firms with penalties in strict compliance move The crypto companies face up to AED 600,000 fines for license and marketing breaches Cease-and-desist orders were also issued to halt ongoing unlicensed activities Dubai’s Virtual Assets Regulatory…
By
Staff Writer
07th Oct 2025