OPNX And Its Founders Hit With $2.8 Million Fine By Dubai's VARA
According to a notice published by the regulatory authority, Dubai’s Virtual Asset Regulatory Authority has hit digital asset exchange OPNX and its founders…
Stay updated with breaking news from Mark Lamb. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
According to a notice published by the regulatory authority, Dubai’s Virtual Asset Regulatory Authority has hit digital asset exchange OPNX and its founders…
The Virtual Assets Regulatory Authority (VARA) fined OPNX 10,000,000 UAE dirhams ($2.7 million) and its executives 200,000 UAE dirhams (around $54,000) each for violations.
Dubai’s crypto regulator imposed a $2.7 million penalty on OPNX, a venture by Three Arrows Capital founders Kyle Davies and Su Zhu, for alleged violations in…
Dubai's Virtual Assets Regulatory Authority (VARA) imposed a hefty fine of nearly $2.8 million on cryptocurrency exchange OPNX and its founders.
VARA said it had issued the company a fine of Dh10 million in May that remains unpaid