{"id":189118,"date":"2023-11-07T22:41:37","date_gmt":"2023-11-07T17:11:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=189118"},"modified":"2023-11-07T22:41:37","modified_gmt":"2023-11-07T17:11:37","slug":"dubai-calls-on-crypto-firms-to-finalize-applications-by-nov-17-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dubai-calls-on-crypto-firms-to-finalize-applications-by-nov-17-crypto-news\/","title":{"rendered":"Dubai calls on crypto firms to finalize applications by Nov. 17 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Dubai\u2019s Virtual Assets Regulatory Authority (VARA) announced Tuesday that crypto firms registered under its new regulatory framework must complete their applications by Nov. 17.<\/p>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/xrp-approved-dubais-financial-services-authority\/\">XRP approved by Dubai\u2019s Financial Services Authority<\/a><\/p>\n<h3 class=\"wp-block-heading\">Fast Facts<\/h3>\n<ul>\n<li>For virtual asset service providers (VASPs) that are unable to complete their registration by Nov. 17, enforcement mechanisms will be \u201ctriggered by default,\u201d the crypto regulator <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.vara.ae\/en\/vara-news\/final-deadline-extension-for-virtual-asset-service-providers-to-file-for-vara-registration-or-license-to-operate-from-or-service-dubai\/\">said<\/a>.<\/li>\n<\/ul>\n<ul>\n<li>VARA said it has received applications from 1,000 to register under Dubai\u2019s new regulatory regime.<\/li>\n<\/ul>\n<ul>\n<li>VARA\u2019s virtual asset service provider (VASP) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.vara.ae\/en\/licenses-and-register\/licence-applications\/\">license<\/a> allows firms to offer crypto services to qualified investors and institutional customers in Dubai.<\/li>\n<li>Dubai unveiled its crypto regulatory framework in February, placing the emirate as one of the top destinations for blockchain and crypto firms. The United Arab Emirates\u2019 Securities and Commodities Authority said it started accepting <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/united-arab-emirates-licensing-crypto-uae\/\">applications from crypto firms<\/a> in April.\u00a0<\/li>\n<\/ul>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/solana-foundation-partners-dmcc-crypto-centre-dubai\/\">Solana Foundation partners with DMCC Dubai<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dubai\u2019s Virtual Assets Regulatory Authority (VARA) announced Tuesday that crypto firms registered under its new regulatory framework must complete their applications by Nov. 17. See related article: XRP approved by Dubai\u2019s Financial Services Authority Fast Facts For virtual asset service providers (VASPs) that are unable to complete their registration by Nov. 17, enforcement mechanisms will [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":31665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-189118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/189118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=189118"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/189118\/revisions"}],"predecessor-version":[{"id":189119,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/189118\/revisions\/189119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/31665"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=189118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=189118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=189118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}