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On May 19, Dubai’s Virtual Asset Regulatory Authority (VARA) released its updated Rulebook for virtual asset service providers (VASPs) operating in the region, offering clear regulatory pathways for the issuance and secondary market listing of real-world asset (RWA) tokens.
Irina Heaver, Managing Partner at NeosLegal, explains to Cointelegraph why this marks a critical step from theoretical frameworks to enforceable practice and what it means for issuers and investors operating in the UAE.
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