🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Dubai Regulators Introduce Improved Virtual Asset-Related Oversight
Dubai’s Virtual Asset Regulatory Authority (VARA) released an upgraded version of its Rulebooks to improve market integrity and risk management. The crypto regulator expects VARA-licensed companies to comply with the updated rules by June 19, 2025
Dubai’s VARA improved controls over margin trading and token distribution services, synchronised compliance requirements across all licensed activities, while also providing clear definitions for collateral wallet arrangements
VARA Releases Version 2.0 of the Rulebooks
The Virtual Asset Regulatory Authority (VARA) announced the publication of Version 2 of its activity-based Rulebooks as part of Dubai’s ongoing commitment to constructing a digital asset regulatory framework that can stand the test of time. While the regulator seeks to build a regulatory framework that can withstand the future, it notes the importance of balancing innovation with “robust market safeguards.”
The updated version includes “strengthened controls around margin trading and token distribution services, clearer definitions for collateral wallet arrangements, and harmonised compliance requirements across all licensed activities.” according to the announcement the refinements are designed to promote “greater market discipline, risk transparency, and operational resilience across” Dubai’s virtual asset ecosystem
Version 2.0 of the Rulebooks introduces an improved supervisory mechanism across eight (8) regulated virtual asset activities, including:
Advisory services
Custody services
Exchange services
Broker-dealer services
Lending and borrowing services
Virtual asset management and investment services
Virtual asset transfer and settlement services
Virtual Asset Issuance Rulebook
The VARA announced a 30-day transition period to all impacted virtual asset service providers (VASPs), requiring full compliance by June 19, 2025
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.