Dubai's regulatory authority has set the compliance deadline for the crypto new rule as June 19th

BlockBeats News, May 19th. According to Cointelegraph, the Dubai cryptocurrency regulatory agency has requested licensed digital asset companies to comply with its latest version of the activity-based rulebook by June 19th to enhance market integrity and risk supervision.

On May 19th, the Dubai Virtual Asset Regulatory Authority (VARA) announced the release of Rulebook 2.0.

The Dubai regulatory agency stated that it has strengthened regulation of margin trading and token distribution services, enhanced the consistency of compliance requirements for all licensed businesses, and provided a clearer definition of custodial wallet arrangements.