Episode 05.1 · VARA Compliance Series
What storage standards does VARA mandate for digital wallets?
VARA requires a hybrid wallet architecture with the vast majority of assets in cold storage and minimal hot-wallet float. Keys must use Multi-Party Computation or hardware security modules, and VASPs handling client funds must run regular, verifiable proof-of-reserves audits.
Episode 05.1 — Chapter 5: Technology, Cyber & Custody Standards | 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