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VARA's sweeping Dubai digital asset rulebooks, including a privacy coin ban and FATF-aligned AML rules, set a new compliance baseline that every VASP and its advisers must map against now.
Dubai's VARA has published one of the most detailed crypto regulatory frameworks globally, with direct implications for VASP licensing, AML/CFT obligations, and asset segregation, plus a firm prohibition on privacy coins that accounting firms and compliance teams must absorb immediately.