<ul><li>Dubai's cryptocurrency regulator, Virtual Assets Regulatory Authority (VARA), has updated its guidelines to require crypto companies to include a prominent disclaimer warning customers about the risks of digital currencies.</li><li>Starting October 1, companies marketing crypto in the United Arab Emirates must inform consumers that virtual assets can lose value and are subject to extreme volatility.</li><li>VARA aims to provide clear guidance to virtual asset service providers (VASPs) in order to foster trust and transparency in the market.</li><li>This move by Dubai follows similar measures taken by other countries to regulate crypto advertising, such as the UK and Belgium.</li></ul>

Dubai Wants Crypto Companies to Warn Customers of Risks

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