Dubai Adopts Stricter Rules Around Marketing Crypto Investments

A sign at the Dubai Crypto Expo.

Photographer: Christopher Pike/Bloomberg
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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.