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VARA clarifies token issuance framework for virtual assets in Dubai – TON BOT

VARA clarifies token issuance framework for virtual assets in Dubai

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Dubai’s Virtual Assets Regulatory Authority has released detailed guidance on how token issuers should operate. The guidance clarifies how virtual assets should be structured, disclosed, and distributed in Dubai. It introduces a three-part classification system for token issuances based on structure and risk profile, with specific requirements for stablecoins and asset-referenced tokens. The framework aims to provide regulatory clarity and improve disclosure of risks and asset characteristics to users.

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