Dubai’s Virtual Assets Regulatory Authority (VARA) expanded its… — Dnddseg Cryptocurrency — TG.ME

Dubai’s Virtual Assets Regulatory Authority (VARA) expanded its licensed crypto sandbox program, granting operational permits to 11 global institutional trading platforms offering fully regulated spot and OTC markets for BTC, ETH and USDT to accredited high-net-worth investors and asset management firms. Sandbox participants must maintain segregated cold storage custody for client BTC and ETH holdings, submit daily USDT reserve reconciliation reports, and implement anti-money laundering transaction screening for every BTC/USDT and ETH/USDT order executed on local servers. Regional wealth management firms rapidly onboarded crypto allocation products following the regulatory green light, launching portfolios weighted across BTC as digital value storage, ETH as blockchain infrastructure exposure, and USDT for liquidity buffer allocation within crypto baskets. ❤️❤️❤️