Episode Details

Dubais Virtual Assets Regulatory Authority unveils new rules for crypto exchange-traded derivatives, allowing licensed firms to offer these products. The framework includes strict client checks, leverage caps, margin rules, asset separation, and clear disclosures. Retail investors can now participate after passing suitability tests, with leverage capped at five-to-one and a twenty percent initial margin minimum. This conservative approach contrasts with offshore platforms, but VARAs general counsel sees it as the next evolution in governance. The new rules build on pilots like OKXs retail futures launch, with VARA holding powers to intervene during market stress, ensuring Dubais crypto scene remains steady and secure.

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