Virtual Assets Regulatory Authority
Coverage of Virtual Assets Regulatory Authority in the Nexus archive.
- Virtual Assets Regulatory Authority CEO: Finance’s AI future moves at the speed of its slowest regulator
The Virtual Assets Regulatory Authority (VARA) CEO highlights the critical role of regulators in shaping AI's impact on finance, emphasizing the need for infrastructure innovation to keep pace with virtual assets' programmable and borderless nature. The article contrasts advanced regulatory technology programs in some jurisdictions with outdated methods in others, noting challenges in compliance and the growing integration of tokenized assets into traditional finance.
- Kraken moves closer to UAE launch after Dubai regulatory approval
Kraken's parent company Payward has received preliminary regulatory approval from Dubai's Virtual Assets Regulatory Authority (VARA), enabling the cryptocurrency exchange to launch in the UAE. The approval allows for UAE dirham funding, margin trading, OTC trading, and institutional services through Kraken Prime.