Dubai Authorities Seek Details on Binance’s auditing practices

Dubai has made official requests for Binance's business structure and auditing practices.
Dubai has made official requests for Binance's business structure and auditing practices.
The Virtual Assets Regulatory Authority of Dubai granted the company a Preparatory License.
No organisation may provide virtual asset services in Dubai unless it has a licence from VARA.
Q9 plans to establish a regional hub in Dubai and has also applied for a full operating license.
Sheikh Mohammed bin Rashid Al Maktoum's official Twitter account announced on Wednesday that Dubai's principal digital property legislation has been recognised, and the Dubai Digital Property Regulatory Authority (VARA) has been established.