Dubai regulator clarifies real-world asset tokenization rules: Irina Heaver

Published in Cointelegraph on May 22, 2025

Dubai’s Virtual Assets Regulatory Authority [VARA] released its updated Rulebook for VASPs operating in the region, offering clear regulatory pathways for the issuance and secondary market listing of RWA tokens.

Irina Heaver, Managing Partner at , explains to Cointelegraph why this marks a critical step from theoretical frameworks to enforceable practice and what it means for issuers and investors operating in the UAE.