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Bitcoinist 2023-04-05 20:30:00

Binance Under Pressure As Dubai Demands Additional Information About Crypto License

The Virtual Assets Regulatory Authority (VARA) in Dubai has requested crypto exchange Binance and other international firms to provide additional information regarding their ownership, management, and auditing processes as part of their permit application process. This move ensures companies comply with the “highest” regulatory standards while promoting innovation within the crypto and digital asset industry.

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