Dubai's new regulations incorporate both proliferation financing and targeted sanctions into the framework, with updates every three months. Friends working in the Middle Eastern market should keep a close eye on the iteration of risk control models.

CoinWorld News reports that Wu said that the Dubai Virtual Asset Regulatory Authority (VARA) has issued the latest anti-money laundering guidelines, requiring local virtual asset service providers (VASPs) to adopt data-driven risk models, strengthen anti-money laundering and financial crime risk controls, and connect to the Financial Action Task Force (FATF) high-risk and blacklisted country information. Cryptocurrency-related risk assessments should be updated at least every three months. The guidelines also require companies to incorporate risks such as artificial intelligence operations, anonymous enhanced transactions, diffusion financing, and targeted financial sanctions into their compliance frameworks.