The Dubai Virtual Asset Regulatory Authority has issued a warning: it is strictly forbidden for enterprises to falsely advertise their participation in the real estate token pilot
2025-04-24 06:44:33
The Dubai Virtual Asset Regulatory Authority (VARA) issued an announcement on April 23, emphasizing that no enterprise shall claim to participate in the pilot of the "DLD Real Estate Tokenization Project" launched on March 19, except for entities expressly approved by VARA and the Dubai Land Authority (DLD). VARA pointed out that unauthorized participants suspected of engaging in illegal virtual asset activities or violating its marketing and other related regulations will face enforcement measures including fines and market bans. VARA reminds users to verify platform qualifications through the official website to avoid falling into the trap of high-risk unauthorized projects.
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迪拜虚拟资产监管局发布警告：严禁企业虚假宣传参与房地产通证化试点
