The Dubai VARA cryptoregulator will grow with the new management

The specialized cryptoregulator Dubai, Management on regulation of virtual assets (VARA), changes leaders, preparing for the following stage "transition to full-scale market transactions" in 2023. VARA reported that its acting director generals Orser Khenson will be replaced by White Matthew, the international adviser who worked at several positions in PricewaterhouseCoopers LLP. VARA also explained that Orser Khenson will help still to the regulator as the consultant. Orser Khenson — the former banker working in Nomura Holdings, Inc. He headed efforts of VARA on acceptance of a mode of regulation of cryptospace...