Bidda Sovereign Intelligence · 10,090 Verified Nodes · 39 Sovereign Pillars

Virtual Assets and Related Activities Regulations 2023

This regulation establishes a comprehensive framework requiring any entity performing Virtual Asset (VA) activities in or from the Emirate of Dubai…

What Virtual Assets and Related Activities Regulations 2023 requires

This regulation establishes a comprehensive framework requiring any entity performing Virtual Asset (VA) activities in or from the Emirate of Dubai (excluding the DIFC) to obtain a license from the Virtual Assets Regulatory Authority (VARA). As per Part II, Article 11, it mandates adherence to specific rulebooks governing activities such as exchange, custody, and advisory services, imposing strict compliance, risk management, and market conduct standards.

Pillar: Crypto & Sovereign Finance · Authority: Virtual Assets Regulatory Authority (VARA), Government of Dubai · Version: 1.0.0 · Last updated:

Primary source: https://www.vara.ae/en/regulations/

SHA-256 integrity: 59ff616260782dd801af9eab7de07c84312823eacbaa95726415c3ced446ae79

Primary Citations — 6 traced to source

  • Virtual Assets and Related Activities Regulations 2023, Part II, Article 11 - Requirement for a Licence
  • VARA Company Rulebook, Part II - Governance

+ 4 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.

Access

⚠ Important: Human Verification Required

Bidda compliance nodes are reference intelligence, not legal advice. Every node must be reviewed by a qualified compliance professional or legal counsel before implementation in any enterprise workflow, regulated system, or compliance programme. See bidda.com/disclaimer for full terms.