Source: AdobeStock / Grigory Bruev The hands-on approach by Dubai’s Virtual Asset Regulatory Authority (VARA) has enabled it to set a global precedent for regulator-industry cooperation, its executives said. All virtual asset service providers (VASPs) must obtain a license from VARA before offering their services in the UAE emirate. VARA’s managing director and vice chair The post VARA’s New Leadership in Dubai Marks Next Phase of Crypto Regulation appeared first on Cryptonews .