CoinzPress
  • Credit Cards
    • Best Credit Cards 2023
    • Best Rewards Credit Cards
    • Best Cash Back Credit Cards
  • Banking
    How to Save Discord Servers from Hackers

    Ways You Can Save Your Discord Servers from Hackers

    Ethereum Mining Rig

    Ethereum Mining Rig: The Best Ethereum Mining Hardware

    Google in Web3 and Blockchain Technology

    Google is Taking An Interest in Web3 and Blockchain Technology

    Binance

    Binance to Launch Santos FC Fan Token on Its Launchpool

    New Solutions for Cross-Chain Problems

    New Solutions for Cross-Chain Problems

    Blockchain Gaming

    Will The Blockchain Gaming Revolutionise The Future of Video Games?

    Trending Tags

    • Loans
      Tesla sell their bitcoin

      Tesla Took The Internet By Storm for Selling Its Bitcoin in Panic

      Bitcoin-Faucets

      Highest Paying Bitcoin Faucets: How to Choose the Right One?

      lightning-network

      Lightning Network: Everything You Need To Know

      What Can You Buy with Bitcoins

      What Can You Buy with Bitcoins?

      Nasdaq’s Record Breaking

      Witness Nasdaq’s Record-Breaking Performance Across Stock Markets

      Voyager Digital USDC Linked Debit Card

      Voyager Digital Launches USDC Linked Debit Card Linked

      Trending Tags

      • Investing
      • Insurance
      • Stock Market
        • US Markets
        • ASX shares
        • Indian Markets
      • Cryptocurrency
        • Price Prediction
        • DeFi
        • NFT
        • Metaverse
        • Trading
        • Crypto Exchanges
        • Crypto Wallet
        • Brokers
        • Gaming
        • Earning Sites
      • Sections
        • Reviews
        • Beginner Guide
        • How To
      No Result
      View All Result
      • Credit Cards
        • Best Credit Cards 2023
        • Best Rewards Credit Cards
        • Best Cash Back Credit Cards
      • Banking
        How to Save Discord Servers from Hackers

        Ways You Can Save Your Discord Servers from Hackers

        Ethereum Mining Rig

        Ethereum Mining Rig: The Best Ethereum Mining Hardware

        Google in Web3 and Blockchain Technology

        Google is Taking An Interest in Web3 and Blockchain Technology

        Binance

        Binance to Launch Santos FC Fan Token on Its Launchpool

        New Solutions for Cross-Chain Problems

        New Solutions for Cross-Chain Problems

        Blockchain Gaming

        Will The Blockchain Gaming Revolutionise The Future of Video Games?

        Trending Tags

        • Loans
          Tesla sell their bitcoin

          Tesla Took The Internet By Storm for Selling Its Bitcoin in Panic

          Bitcoin-Faucets

          Highest Paying Bitcoin Faucets: How to Choose the Right One?

          lightning-network

          Lightning Network: Everything You Need To Know

          What Can You Buy with Bitcoins

          What Can You Buy with Bitcoins?

          Nasdaq’s Record Breaking

          Witness Nasdaq’s Record-Breaking Performance Across Stock Markets

          Voyager Digital USDC Linked Debit Card

          Voyager Digital Launches USDC Linked Debit Card Linked

          Trending Tags

          • Investing
          • Insurance
          • Stock Market
            • US Markets
            • ASX shares
            • Indian Markets
          • Cryptocurrency
            • Price Prediction
            • DeFi
            • NFT
            • Metaverse
            • Trading
            • Crypto Exchanges
            • Crypto Wallet
            • Brokers
            • Gaming
            • Earning Sites
          • Sections
            • Reviews
            • Beginner Guide
            • How To
          No Result
          View All Result
          CoinzPress
          No Result
          View All Result
          Home Updates

          Fresh Regulatory Guidelines in Dubai Aim To Protect The Users

          Bidisha Dey by Bidisha Dey
          September 3, 2022
          in Updates
          crypto market

          credit: PC gamer

          In the crypto market protection of users has remained a key concern for all. In fact, in the crypto market, investors have always complained about a lack of protection. It is a very volatile place for investors. In fact, we should mention that it’s is more volatile than the stock market. Therefore, as a result, the crypto market might see a sharp decline, just after going through a sharp rise. In fact, this is almost a common thing  in the crypto market.

          In fact, it’s also worthecent data also shows a sharp rise in the crypto market has attracted new users to invest in crypto. They usually consider it a good way of making money. 

          However, problems will appear if shortly after their investment, the market takes a downward step. Then things will become painful for those users. In addition, a lot of users have also complained about the ads and promotions of virtual asset service providers. The complaint is that these things have misled them into investing in the market. 

          Therefore, in such a situation, the recent crypto marketing rules issued in Dubai become important. These rules are focused primarily to protect crypto users. If you wish to learn more about the new rules, then keep reading this article. Here you will find every little thing that you need to know about the new crypto marketing rules of Dubai. 

          The New Crypto Marketing Rules in Dubai

          The New Crypto Marketing Rules In Dubai
          credit: marketers media

          Recently, Dubai has put up a new licensing program for crypto service providers. So, shortly after that, the local people are adding some more ads and marketing rules for the crypto industry. The Virtual Asset Regulatory Authority (VARA) of Dubai has also mentioned a new set of rules. These new rules take into account the ads, marketing and all kinds of promotional events of crypto coins. 

          According to Gulf News, the new report by VARA takes into account, all forms of public reach outs. These include spreading the latest info, customer engagement, communications and ads, investor solicitation and many others. Therefore, all crypto-based talks and entities publishing info on Dubai-based media websites, search platforms, as well as online and offline publishing channels, are under the coverage of the new set of rules. 

          In addition, the rules also demand factual accuracy from all local virtual asset service providers. The new set of rules asks the VASPs to be transparent while reaching out to potential customers.  This is a measure to avoid misleading the users.

          In fact, it’s also worth noting that the VARA added that these new rules are related to the crypto-focused Minimal Viable Product licensing. They also stated that these rules are specifically aimed to protect the interest of the customers.

          Concluding Lines 

          Sam Bankman-Fried’s FTX crypto exchange has been one of the earliest firms to have received  VARA’s MVP license in July 2022, through FZE. In addition, these new guidelines came at a tie when Abu Dhabi announced new plans about applying a new strategy for blockchain and virtual assets aligned with the country’s overall economic strategy.

          Therefore, the guidelines might be seen as a part of a larger revamping of the crypto industry in Dubai and Abu Dhabi.

          Also read:

          • Crypto Exchanges In India Face Legal Problems
          Share76Tweet47

          Related Posts

          Ford Stock Forecast

          Ford Stock Forecast 2022, 2023, 2025, 2030, 2040, 2050

          November 7, 2022
          DHHF ETF Review: Is DHHF A Good Investment?

          DHHF ETF Review: Is DHHF A Good Investment?

          November 7, 2022
          Five Best ASX Lithium Stocks To Invest In 2022

          Five Best ASX Lithium Stocks To Invest In 2022

          November 7, 2022
          Infosys Share Price Target 2022 To 2050

          Infosys Share Price Target 2022 To 2050

          November 7, 2022
          Why Is MRF Share Price So Expensive?

          Why Is MRF Share Price So Expensive?

          November 7, 2022
          Best Uranium Stocks ASX To Buy In 2022

          Best Uranium Stocks ASX To Buy In 2022

          October 27, 2022
          ADVERTISEMENT

          CoinzPress is one of the leading cryptocurrency news services that cover the latest crypto-related news. The news includes a technical analysis of a wide range of digital currencies as well as forecasts for those electronic currencies. Here at CoinzPress , we aim to enlighten anyone having an interest in the world of cryptocurrency with significant information that could keep them informed.

          So, in short, we cover a range of announcements related to a variety of Alt-coins, digital coins, and any significant news that could create an impact on the trading world and economy.

          • News & Updates
            • Cryptocurrency
            • DeFi
            • NFT
            • Metaverse
            • Press Releases
            • Sponsored
          • Sections
            • How To
            • Technology
            • Investing
            • Stock Market
            • Loans
            • Credit Cards
            • US Markets
            • Brokers
            • Gaming Sites
            • Indian Markets
          • Company
            • About Us
            • Advertising
            • Press Release
            • Contact Us
            • Terms of Uses
            • Privacy Policy
            • Sitemap
          • About
          • Contact Us

          © 2022 Coinz Press

          No Result
          View All Result
          • Credit Cards
            • Best Credit Cards 2023
            • Best Rewards Credit Cards
            • Best Cash Back Credit Cards
          • Banking
          • Loans
          • Investing
          • Insurance
          • Stock Market
            • US Markets
            • ASX shares
            • Indian Markets
          • Cryptocurrency
            • Price Prediction
            • DeFi
            • NFT
            • Metaverse
            • Trading
            • Crypto Exchanges
            • Crypto Wallet
            • Brokers
            • Gaming
            • Earning Sites
          • Sections
            • Reviews
            • Beginner Guide
            • How To

          © 2022 Coinz Press