Crypto
Dubai formalises rules for exchange-traded virtual asset derivatives
Dubai has formalised rules for exchange-traded virtual asset derivatives, allowing retail investors to participate subject to conditions including suitability reviews and leverage and margin limits, Cointelegraph reported. The Virtual Assets Regulatory Authority introduced the framework in version 2.1 of its Exchange Services Rulebook. It sets requirements for licensed firms offering such products in Dubai, including customer suitability assessment, leverage and margin controls, asset segregation, disclosure standards and regulator intervention powers.