The framework sets rules around who can trade ETDs, how much leverage can be used, how client assets are segregated, and what disclosures must be provided.

Exchange Traded Derivatives (ETDs) have been growing in popularity as crypto trading expands, offering investors more ways to speculate on digital assets. But their complexity and high risk mean they can also lead to big losses if left unchecked. To keep the market safe and organised as demand rises, Dubai’s Virtual Assets Regulatory Authority (VARA) has introduced a new framework under Version 2.1 of its Exchange Services Rulebook, bringing this fast-moving segment under clearer oversight.

The update focuses on ETDs, setting clear rules…