---
title: "Dubai releases updated guidelines for RWA and stablecoin issuance."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282166805.md"
description: "The Dubai Virtual Asset Regulatory Authority (VARA) has issued updated guidelines for token issuers, clarifying regulations on structure, disclosure, and distribution. The guidelines categorize token issuance into three types: fiat-backed and asset-backed virtual assets, those distributed through VARA-licensed intermediaries, and exempted virtual assets with limited functionality. VARA General Counsel Ruben Bombardi emphasized that the framework aims to enhance regulatory clarity and transparency regarding asset characteristics and risks for market participants."
datetime: "2026-04-09T09:17:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282166805.md)
  - [en](https://longbridge.com/en/news/282166805.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282166805.md)
---

# Dubai releases updated guidelines for RWA and stablecoin issuance.

The Dubai Virtual Asset Regulatory Authority (VARA) has released detailed guidelines clarifying the structure, disclosure, and distribution regulations for token issuers in the emirate. The document interprets VARA's existing rulebook for virtual asset issuance, categorizing token issuance into three types: the first type covers fiat-backed virtual assets and asset-backed virtual assets; the second type must be distributed through VARA-licensed intermediaries; and the third type comprises exempted virtual assets with limited functionality. VARA General Counsel Ruben Bombardi stated that the framework aims to provide market participants with a more targeted regulatory path and legal clarity by increasing transparency regarding asset characteristics and risks.

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