Dubai International Financial Centre (DIFC)

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Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’

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The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto tokens. Changes to the Draft Legislation The Dubai Financial Services Authority (DFSA), the financial regulatory agency of UAE’s special economic zone, the Dubai International Financial … Read more

Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs

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The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting closer to “issuing the regulatory and supervisory framework related to virtual … Read more