Politics Local October 28, 2024

Dubai's VARA Vice Chairwoman Speaks Out

Deba Raja Carbon, Vice Chairwoman and Managing Director of the Dubai Virtual Assets Regulatory Authority (VARA), has made significant statements regarding the regulation of virtual assets in the region.


Dubai's VARA Vice Chairwoman Speaks Out

Dipa Radja Karbon, Vice-President and Executive Director of the Virtual Assets Regulatory Authority in Dubai (VARA), emphasized the importance of the technology of digital assets and their impact on the global economy.

She noted that digital asset technologies play a key role in strengthening the financial services sector, enhancing the effectiveness and transparency of processes, as well as ensuring the security of transactions. According to Dipa Radja Karbon, the development of innovative technologies in the field of digital assets leads to an increase in the competitiveness of the region and the creation of a favorable investment environment.

'We see great potential in digital asset technologies for transforming the global economy, and we strive for effective utilization of this potential,' emphasized Dipa Radja Karbon.