Dubai’s VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks

Dubai’s Virtual Assets Regulatory Authority (VARA) has introduced changes to its crypto policies, aiming to tighten risk oversight and ensure investor security. The updated policies will also focus on deploying more control around margin trading and token distribution services. Through these upgrades, the VARA expects to make the crypto ecosystem more scalable. The development comes…

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Krafton appoints Steve Papoutsis as Unknown Worlds CEO, former leadership team leaves

Krafton has announced leadership changes at Unknown Worlds, appointing Steve Papoutsis as CEO replacing its previous leadership team. Former CEO Ted Gill, co-founder and creative director Charlie Cleveland, and co-founder and CTO Max McGuire have left the studio “effective immediately”. No reason was given for their departure. Krafton said it had “sought to keep the…

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