Dubai's Virtual Assets Regulatory Authority (VARA) has released detailed guidelines for virtual asset issuance, further clarifying disclosure and governance standards for stablecoins, real-world assets (RWA), and other digital assets by dividing token issuance into three categories. Category 1 issuance covers fiat-pegged tokens (stablecoins) and asset-backed tokens (RWA), requiring issuers to obtain full licensing and strictly comply with reserve and redemption rights regulations. Category 2 issuance assets must be distributed through intermediaries licensed by VARA, with intermediaries responsible for due diligence. Exempt assets are limited to specific assets with limited functionality. (Cointelegraph) https://(wublock123.com)/news/news-59320