Wednesday, February 1, 2023
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us
coindesk, cointelegraph, ftx, coindesk ethereum, coindesk luna, coindesk ceo, cointelegraph news, cointelegraph app,
No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
Crypto Marketcap
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
No Result
View All Result
coindesk, cointelegraph, ftx, coindesk ethereum, coindesk luna, coindesk ceo, cointelegraph news, cointelegraph app,
No Result
View All Result
Home Regulations

Dubai’s Digital Belongings Regulatory Authority to launch headquarters in The Sandbox

by cryptostandard
June 29, 2022
in Regulations
Reading Time: 2 mins read
A A
0
#


Dubai’s Digital Belongings Regulatory Authority (VARA) has introduced that it shall create a metaverse headquarters in The Sandbox digital world. The digital headquarters shall be known as “MetaHQ” and shall be based mostly at an unknown location inside The Sandbox digital world.

The launch of “MetaHQ” is a part of Dubai’s makes an attempt to change into a digital asset hub.

In a press release to WAM information company, the Crown Prince of Dubai and Chairman of the Dubai Government Council, Sheikh Hamdan bin Rashid Al Maktoum, mentioned:

“Our presence within the metaverse… marks the start of a brand new section within the Dubai authorities’s march for the longer term; one that may have a constructive influence in the long term.”

The function of the “MetaHQ”

The VARA has not supplied a number of particulars concerning the precise function of the MetaHQ.

The VARA nonetheless mentioned that the digital headquarters would:

“function its major channel to interact [Virtual Asset Service Providers] throughout the globe to provoke functions, allow youthful licensees [to] enter the metaverse, overtly share information and experiences with shoppers and peer regulators to boost consciousness, allow secure adoption, and drive international interoperability.”

The event exhibits how briskly Dubai is popping right into a crypto hub after the VARA was launched in the beginning of March. VARA was created to help in advancing the authorized framework and regulatory system of digital belongings within the UAE and particularly in Dubai.

Amongst different issues, crypto corporations wishing to function within the UAE should acquire a crypto license from the VARA. The VARA was additionally assigned the responsibility of regulating the actions of asset managers and custodians inside the crypto house within the UAE.



Source link

Tags: assetsAuthorityBitcoin NewsCrypto NewsCrypto StandardCrypto UpdatesDubaisheadquartersLatest Bitcoin NewsLaunchregulatorySandboxvirtual
Previous Post

🔴Establishments Undertake Bitcoin | This Week in Crypto – Might 2, 2022

Next Post

CryptoNews Preliminary Trade Providing (IEO) Advertising Playbook

Related Posts

UK Treasury publishes session paper for upcoming crypto regulation

by cryptostandard
February 1, 2023
0

The UK monetary providers sector desires to be a frontrunner in crypto regulation. The session paper addresses stablecoins, NFTs and...

Web service suppliers in Nepal requested to dam crypto-related web sites

by cryptostandard
January 10, 2023
0

Nepal’s Telecommunications Authority has instructed all ISPs to dam crypto-related web sites. The crypto-related actions embody web sites, apps, and...

US Banking Committee chairman suggests banning cryptocurrencies

by cryptostandard
December 19, 2022
0

Banking Committee chairman Sherrod Brown made the suggestion throughout an look on NBC’s “Meet the Press.” He nonetheless said that...

Tel Aviv court docket permits Israel to grab crypto in over 150 blacklisted wallets

by cryptostandard
December 19, 2022
0

The Israeli authorities had blacklisted greater than 150 wallets for hyperlinks to terror teams. The Israeli authorities can now take...

Banks should get approval earlier than providing crypto, says NYDFS

by cryptostandard
December 16, 2022
0

New York Division of Monetary Companies printed the brand new pointers on 15 December 2022. All banking organisations should apply...

Load More
Next Post

CryptoNews Preliminary Trade Providing (IEO) Advertising Playbook

Lido Finance with $19.1B in TVL, Edges out Curve because the Largest DeFi Protocol

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
#
#
  • Trending
  • Comments
  • Latest

Greatest Crypto Gainers At the moment December 31

January 2, 2023

After approving a crypto mining website, an environmental group has filed a lawsuit in opposition to New York

January 16, 2023

LUNC value prediction – Will it Lastly Attain $1 in 2023?

January 3, 2023

Over 60% of US dad and mom need faculties to show about cryptocurrency

August 24, 2022

Why Crypto Software program Firm ConsenSys Is Sacking Practically 100 Employees

January 19, 2023

Bitcoin miner Hut 8 registers sequential drop in Bitcoin manufacturing

January 6, 2023

Artist’s lawsuit in opposition to college that sought to cowl up his murals heads to appeals courtroom

February 1, 2023

How You Can Forestall Hackers From Stealing Your NFTs

February 1, 2023

Indigenous artwork collective purchases ‘city oasis’ in Seattle with plans to construct cultural centre

February 1, 2023

Polygon (MATIC) Killer? Prime Analyst Says One Layer-2 Could Have Legs To Turn out to be Dominant Ethereum Scaling Answer

February 1, 2023

Cathie Wooden’s ARK Make investments expects BTC at $1M by 2030

February 1, 2023

Randall Crater, Founding father of “My Large Coin” Sentenced

February 1, 2023
coindesk, cointelegraph, ftx, coindesk ethereum, coindesk luna, coindesk ceo, cointelegraph news, cointelegraph app,

Find the latest Bitcoin, Trending Crypto Updates, Altcoins, Blockchain, NFTs, Crypto Regulations, Interviews, Price Analysis, and more at Crypto Standard

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.