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UAE's New Law To Regulate Virtual Assets.

With the advent and popularity of new virtual assets such as non-fungible tokens and new types of crypto currencies in the rapidly evolving digital ecosystem, the United Arab Emirates comprising of seven emirates is gearing up to put in place a legal framework to regulate the virtual assets and protect the interest of investors and create international standards governing virtual asset industry.
United Arab Emirates New Delhi Central Bank Commodities Authority Dubai Virtual Assets Regulatory Authority Exchange Higher Committee

Dubai Established Dubai Virtual Assets Regulatory Authority

Emirate of Dubai enacted Law No. 4 of 2022 on the Regulation of Virtual Assets VAL and established the Dubai Virtual Assets Regulatory Authority VARA. Business Legal framework related to virtual assets, including crypto assets and non-fungible tokens NFTs,excludes DIFC
United Arab Emirates Dubai World Trade Centre Dubai World Trade Centre Authority Dubai Financial Services Authority Central Bank Dubai International Finance Centre

MENA region makes strides in digital assets as crypto scene heats up

DUBAI: Crypto has gone mainstream within a very short span of time as the Middle East region is making major strides in digital assets with a slew of new regulatory measures. From luxury fashion to travel to art, crypto is increasingly finding more acceptance across diverse industries, indicating that these new forms of digital currencies are here to stay. With this space
United Arab Emirates Abu Dhabi Abuz Aby Zina Ashour Ola Doudin Virtual Asset Service Providers

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