Episode 03.2 · VARA Compliance Series
How does VARA define Regulated Virtual Asset Custody?
Custody covers safekeeping, holding, or managing private keys on clients' behalf, and VARA mandates strict segregation, high cold-storage ratios, and multi-signature access controls. Client assets must stay segregated on a strict 1:1 basis and can never be re-hypothecated without explicit consent.
Episode 03.2 — Chapter 3: Regulated Activities & License Categories | VARA Compliance Series.
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Educational Media. Not Legal Advice.
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Arakan Lexara Weekly
Key developments and what they mean, what firms are asked to do, and the deadlines coming up — from the DFSA, FSRA, VARA, CBUAE, FTA and more. Read the latest