Dubai regulator unveils list of licensing fees for crypto companies
The Dubai Virtual Assets Regulatory Authority (VARA) has published a list of fees that crypto assets companies will have to pay to the regulator. According to a press release from VARA, private cryptocurrency trading companies must obtain a No Objection Certificate (NOC) in order to operate in the Emirate of Dubai or the UAE. Before issuing this certificate, VARA will assess whether the company’s trading activity meets the minimum requirements. Upon successful verification, any private…
