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Relevant Fact February
As of February 7th, the Virtual Asset Regulation Authority (VARA) from United Arab Emirates has officially regulated cryptocurrencies, making it the most modern regulation in the world.
Additionally, VARA has introduced several service-specific rulebooks, including the Advisory Services Rulebook, Broker-Dealer Services Rulebook, Custody Services Rulebook, Exchange Services Rulebook, Lending and Borrowing Services Rulebook, Payments and Remittances Services Rulebook, and VA Management and Investment Services Rulebook.
That’s a significant forward step for the crypto market as a fair industry.
As a company already established in EAU, we are pleased to announce that we are now preparing documents to apply at VARA.
This means that we are now facing the launching of Quanticacoin in a regulated environment. We are excited on that move to be the first quantum crypto asset to do so.
With the new VARA compliance, we look forward to start the operations and to provide a innovative solution.
February 16, 2023.
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