Category: operators
-
Dubai Tightens Grip On Crypto, Issues Cease And Desist Orders To 7 VASP Operators
•
The Virtual Assets Regulatory Authority (VARA) in Dubai has moved decisively and clearly Cease and desist orders on seven VASP providers. This is all part of VARA’s ongoing attempts to ensure that everyone follows its rules, especially when it comes to marketing and licensing cryptocurrencies. Fines can reach up to…
-
Crypto operators not providing adequate disclosures
•
After several notices from Wells, SEC Chairman Gary Gensler shared a letter regarding the cryptocurrency industry and its supposed non-compliance with federal laws. On May 7, the head of the US Securities and Exchange Commission told CNBC Squawk box Adding that cryptocurrency companies have failed to comply with disclosure requirements…