Emirates Coin Investment LLC has made history by becoming the first company in the UAE to receive a virtual asset license from the Securities and Commodities Authority (SCA).
The UAE's Securities and Commodities Authority (SCA) is investigating a possible breach of securities law linked to the Cardi B-associated WAP token.
UAE's SCA and VARA have signed a cooperation agreement to strengthen the country's status as a virtual assets hub by outlining licensing requirements and mutual supervision mechanisms.
