Dubai’s head of crypto regulation is leaving

Henson Orser, the head of Dubai's cryptocurrency regulatory agency, is about to leave his post less than a year after taking office. He will be replaced by Matthew White, a partner at PwC who previously served as an advisor to the Dubai Virtual Assets Regulatory Authority (VARA). Sources revealed that Orser resigned for personal reasons.Meanwhile, Dubai authorities are preparing to impose huge fines on non-compliant digital asset companies operating in the emirate.