Non-EU Regulators
Virtual Assets Regulatory Authority (Dubai) (VARA)
Dubai dedicated virtual-asset regulator — supervises the Dubai (non-DIFC) virtual-asset service provider regime.
Definition
VARA is the dedicated virtual-asset regulator for the Emirate of Dubai (excluding the DIFC, which uses DFSA). Establishes the Dubai VASP licensing regime for crypto-asset businesses operating in or from Dubai. Covers exchanges, custody, broker-dealer, advisory, lending services.