Dubai aims to bypass global cryptocurrency regulatory bodies by deploying artificial intelligence to detect suspicious transactions in real time.
The Virtual Assets Regulatory Authority launched the first phase of its AI-based VARA Connect project, designed to be connected to systems used by virtual asset service providers, earlier this month.
Continue reading by subscribing to The Banker
- In-depth coverage across key markets
- Comments from financial leaders and policy makers around the world
- Regional/country bank ratings and awards