Mastercard and VARA Explore Regulatory Sandbox
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On November 12, 2026, the Dubai Virtual Assets Regulatory Authority (VARA) and Mastercard signed a memorandum of understanding, and the two parties will explore regulatory sandbox opportunities for founders and emerging enterprises. According to reports, the two parties also plan to strengthen industry exchanges and knowledge sharing, and seek ways to support new technologies and market participants. The reports also mentioned that Mastercard is advancing infrastructure for using stablecoins and other digital value for everyday payments, and has acquired BVNK, a stablecoin infrastructure provider.
AI-written from reports · updated 56 minutes ago
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- Fintech News Middle EastVARA and Mastercard sign MoU to explore a regulatory sandbox for founders
The Dubai Virtual Assets Regulatory Authority (VARA) and Mastercard have signed a memorandum of understanding to explore regulatory sandbox opportunities for founders and emerging businesses. The two parties will also strengthen industry engagement and knowledge sharing, and seek ways to support new technologies and market participants. Mastercard is advancing infrastructure to enable stablecoins and other forms of digital value for everyday payments, and has acquired stablecoin infrastructure provider BVNK.
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