Foundations Regulations News Today

While the UAE continues to attract international crypto players with operational licenses, the ADGM introduced comprehensive regulations governing Web3 organizations in November.

ADGM has become the first in the region to issue this addendum to the EU clauses.

ALBAWABA- This week on the crypto news recap, China takes a firm stance against NFT theft, declaring it a criminal offense punishable by theft sentences

Masdar will partner with ADGM to host the forum as part of the special edition of Abu Dhabi Sustainability Week at COP28

Get latest articles and stories on Business at LatestLY. Abu Dhabi [UAE], November 3: The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) officially released the Distributed Ledger Technology (DLT) Foundations Regulations 2023, marking a significant milestone in the evolution of digital assets regulatory frameworks across the region and at an international level. Business News | ADGM Introduces the World's First DLT Foundations Regime.

The Abu Dhabi Global Market free financial zone has introduced regulations governing distributed ledger technology foundations that are the first of their kind.

The newly implemented legislative structure by ADGM is designed to provide a comprehensive framework for DLT Foundations and decentralised autonomous organisations

The Dubai Financial Services Authority free trade zone has approved two more cryptocurrencies, bringing the total to five that can be used there.

Few years ago, when we were discussing Foundations in the UAE, there was limited understanding as it was a new concept.