Dubai issues regulatory framework for crypto exchange-traded derivatives
PANews reported on March 31 that, according to Cointelegraph, the Dubai Virtual Assets Regulatory Authority has issued an official regulatory framework for crypto exchange-traded derivatives, allowing retail clients to participate in trading after passing a suitability assessment. The new regulations cover requirements for client suitability, leverage and margin controls, asset segregation, disclosure standards, and regulatory intervention powers. The leverage cap for retail investors is set at 5x, and exchanges must restrict access to products that are not suitable for specific client groups. VARA stated that regulators have the authority to intervene during periods of market stress or trading disorder, including suspending products, requiring position closures, increasing margin requirements, and, in urgent situations, demanding immediate action without prior notice.
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