By CryptoNews - 6 months ago - Reading Time: 1 minutes
Dubai Regulator Halts Sale and Distribution of Islamic Coin – What's Going On?
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against Bored Gen DMCC (BG), a company involved in the distribution and marketing of Islamic coin (ISLM).According to a VARA alert published on Wednesday, BG lacks the necessary authority to conduct the type of crypto-related business it has been involved in, and the firm has now been ordered to cease marketing activities until proper approvals are obtained....
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Original source: CryptoNews