Summary
MANTRA is close to getting licenses from Dubai’s crypto regulator VARA, which is crucial for its plans to develop compliance tools for issuing and trading RWAs.
Key Points
1. MANTRA is a Middle East-focused project that is working towards securing licensures from Dubai’s crypto regulator VARA.
2. Founder John Patrick Mullin stated that these approvals are crucial for MANTRA’s plans to develop and host compliance-minded tools for issuing and trading RWAs.
3. MANTRA is currently in the final stages of the licensure process, indicating progress towards their goal of providing regulatory-compliant solutions in the crypto space.