Recognising new realities in decentralisation, the regulations aim to provide market players with governance flexibility within distributed ledger technology foundations.
On 2 October 2023, the Board of Directors of Abu...more
The Dubai International Financial Centre urges companies to protect personal data when using artificial intelligence.
On 18 April 2023, the Dubai International Financial Centre (DIFC), a financial free zone with its own...more
The new regime specifies licensing and reporting requirements for a range of activities related to virtual assets in the Emirate of Dubai.
On February 7, 2023, the Dubai Virtual Assets Regulation Authority (VARA) adopted...more
The regime introduces rules on various crypto tokens, including cryptocurrencies and stablecoins, in the Dubai International Financial Centre.
On November 1, 2022, the Dubai Financial Services Authority (DFSA) crypto...more
11/18/2022
/ Abu Dhabi Global Markets (ADGM) ,
Asset Tokens ,
Bitcoin ,
Central Bank Digital Currency (CBDCs) ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
DFSA ,
DIFC ,
Dubai ,
Ethereum ,
Non-Fungible Tokens (NFTs) ,
United Arab Emirates (UAE) ,
Utility Tokens
The new law establishes the Dubai Virtual Assets Regulatory Authority and identifies activities to be regulated, such as operating virtual asset platforms.
On March 11, 2022, Dubai Law No. 4 of 2022 on the Regulation of...more