Ruslan
@baraded
Dubai’s VARA Warns Against Memecoins Amid Rising Risks Dubai’s Virtual Assets Regulatory Authority (VARA) has warned investors about memecoins, citing extreme volatility and lack of value. A Coinwire study found 76% of memecoins promoted by influencers are now worthless, with 80% losing 70% of value in a week. VARA mandates memecoin issuers in Dubai comply with strict regulations on transparency and marketing to protect investors from speculative risks
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