Dubai Adopts Stricter Rules Around Marketing Crypto Investments
A sign at the Dubai Crypto Expo.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
Dubai’s crypto regulator updated its marketing guidelines for virtual assets, with the new rules requiring firms to include a disclaimer clarifying the risks of such investments.
As of Oct. 1, companies looking to market virtual assets in the United Arab Emirates will have to include a “prominent” disclaimer stating that “virtual assets may lose their value in full or in part, and are subject to extreme volatility,” the Virtual Assets Regulatory Authority said Thursday.