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Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
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🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
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Post original content on Gate Square related to WXTM or its
Dubai creates a global precedent! VARA approves the first Crypto Assets options license leading a new era.
Dubai once again stands at the forefront of global encryption regulation, becoming the first jurisdiction to officially approve a Crypto Assets options license. This groundbreaking move not only solidifies Dubai's position as a model for the integration of digital asset innovation and Compliance but also brings new development opportunities for global institutional investors and the Crypto Assets industry.
VARA issues the first encryption options license, Dubai leads the world again
The Dubai Virtual Assets Regulatory Authority (VARA) has officially approved the first cryptocurrency options license, authorizing Laser Digital, supported by Nomura Securities, to provide over-the-counter (OTC) cryptocurrency options trading to institutional investors under the VARA regulatory framework. This move not only marks a significant breakthrough for Dubai's digital asset ecosystem but also provides a clear pathway for global cryptocurrency companies seeking compliance-driven development. Dubai further consolidates its leading position as a center for blockchain and encryption innovation.
Innovate and comply, creating a global regulatory benchmark
Laser Digital has been approved under the VARA framework, reflecting Dubai's commitment to creating an environment conducive to business development while strictly enforcing international regulatory standards such as Anti-Money Laundering (AML) and Know Your Customer (KYC). This instills confidence in institutional investors, ensuring that market safety and transparency improve in tandem with innovation. Dubai's initiative sets a new benchmark for governments worldwide on how to balance innovation and Compliance.
The United States promotes spot trading regulation, accelerating the formation of global market rules
At the same time, the U.S. Commodity Futures Trading Commission (CFTC) is also actively promoting the regulation of Crypto Assets spot trading. Under the leadership of Caroline D. Pham, the CFTC has launched a plan for listing Crypto Assets spot trading, providing an opportunity for the legalization of spot trading for regulated exchanges such as the Chicago Mercantile Exchange (CME). Spot trading refers to the immediate buying and selling of actual assets like Bitcoin and Ethereum, which is different from traditional futures and derivatives trading. If this initiative is implemented, it will make the regulation of the U.S. Crypto market clearer and further enhance investor confidence.
Global Crypto Assets Regulatory Landscape Reshaped, Institutions and Retail Investors Benefit
With Dubai VARA issuing the first license for crypto options and the United States actively promoting spot trading regulations, the global Crypto Assets market is entering a critical moment of rule reshaping. In the future, spot and futures trading is expected to be included in a unified regulatory system, bringing higher transparency and security to market participants. Both institutional and retail investors will benefit from this, significantly enhancing confidence and convenience in participating in the crypto market.
Conclusion
Dubai has approved the first Crypto Assets options license through VARA, setting a new benchmark for global digital asset regulation. In line with regulatory innovations in major markets such as the United States, the global Crypto Assets industry is accelerating towards a new era of compliance, transparency, and professionalism. In the future, Dubai's leading initiatives will continue to attract international capital and innovative enterprises, driving the upgrade of global Crypto Assets financial infrastructure.