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The UAE SCA has started accepting license applications from virtual asset service providers.

BlockBeats news, April 18th: According to official sources, the Securities and Commodities Authority (SCA) of the United Arab Emirates has announced that it will begin accepting license applications from companies interested in providing virtual asset services in the country. All virtual asset service providers (VASPs) operating in the country must submit applications and obtain regulatory approval, except for those licensed in the country's financial free zone.

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Loracle's short position on SanDisk narrows unrealized loss to $5.47 million, with total unrealized loss on the account at $11.44 million.

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