Original source: VARA_EN_169_VER20250519
1. Regulatory Context & Applicability
VARA’s Technology & Information Rulebook forms a binding component of the broader Virtual Assets and Related Activities Regulations...
The VARA Compliance and Risk Management Rulebook sets the core supervisory, prudential, operational, and AML/CFT expectations for Virtual Asset Service Providers (VASPs) licensed in...
Historically, before rollups existed, anything that helped scale Ethereum was loosely called “Layer 2.”This included:
sidechains (Polygon PoS)
plasma chains
state channels
But over time, the definition of...
Layer 2 scaling solutions fall into two broad categories:
Rollups (Optimistic Rollups, ZK Rollups)
Sidechains (independent blockchains connected to L1)
While they can look similar from a...
The Dubai Virtual Assets Regulatory Authority (VARA) governs the licensing and ongoing supervision of Virtual Asset Service Providers (VASPs). The Company Rulebook forms part...
INTRODUCTION
VARA—established under Dubai Law No. 4 of 2022—is the competent regulatory body for Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) throughout Dubai,...
Cabinet Decision No. 112/2022 is a pivotal regulatory milestone for the UAE’s virtual asset regulatory landscape—particularly for Dubai’s Virtual Assets Regulatory Authority (VARA). It...
Practitioner-focused summary of Cabinet Decision No. 111/2022 on the Regulation of Virtual Assets and Their Service Providers, framed specifically for financial practitioners operating or...
Glossary A – C
AML – Anti-Money Laundering
The framework of laws, regulations, and systems designed to prevent money laundering. In the UAE, the core law...
Summary
Dubai’s Law No. (4) of 2022 represents one of the world’s first comprehensive regulatory frameworks dedicated solely to virtual assets. The law establishes the...
Dubai’s ambitious journey to become a global leader in the digital economy reached a significant milestone with the establishment of the Virtual Assets Regulatory...