Dubai’s Crypto Watchdog Enforces Stricter Measures Against Unlicensed Firms – Blockchain News

Dubai’s regulatory authority for cryptocurrencies is cracking down on unlicensed firms operating in the industry. The watchdog has implemented stricter measures to ensure that only authorized companies are allowed to operate in the market. This move aims to protect investors and maintain the integrity of the cryptocurrency sector in Dubai. The authorities are closely monitoring the activities of all firms involved in cryptocurrency trading to prevent any unauthorized or fraudulent activities. The enforcement of these measures is crucial in safeguarding the interests of both investors and the overall reputation of the cryptocurrency industry in Dubai.