VARA

Stabit

VARA issued a warning to Stabit for operating as an unlicensed Virtual Asset Service Provider and conducting virtual asset activities in Dubai without regulatory approval.

Date

2024-11-29

Entity type

VASP

Action type

Warning

Fine (as written)

—

Fine (normalised AED)

—

Personal fine

Regulations breached

VARA Regulations; Dubai Law No. 4/2022; Cabinet Resolution No. 111/2022

Scraped at

2026-07-04T07:49:16.222964+00:00

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