Dubai's Virtual Assets Regulatory Authority (VARA) has implemented new marketing guidelines to improve transparency in cryptocurrency investments, effective from October 1. These regulations require firms to prominently display risk disclaimers regarding the volatility of virtual assets. VARA's CEO, Matthew White, stated that the aim is to foster trust and accountability among virtual asset service providers, aligning with similar regulations in Belgium and Singapore. Additionally, companies must receive compliance confirmation from VARA when offering promotional incentives to prevent misleading claims about investment risks.

Bloomberg

Since June, Bolivia's central bank reports a major rise in crypto transactions, driven largely by stablecoins.