Dubai's Virtual Assets Regulatory Authority (VARA) has introduced new regulations for crypto derivatives. The framework allows retail investors to participate in derivatives trading after passing strict financial and experience assessments, but leverage is strictly capped at 5x (minimum 20% initial margin). The new rules aim to establish formal safety measures for the high-risk crypto market. Additionally, VARA retains broad powers to intervene during periods of extreme market volatility, including suspending products, enforcing liquidations, and increasing margin requirements. (Cointelegraph) https://(wublock123.com)/news/vara-dubai-crypto-derivatives-regulation-retail-5x-leverage-58872