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Abu Dhabi Global Market Financial Regulator Unveils Virtual Asset Regulation ‘Guiding Principles’

Abu Dhabi Global Market’s financial regulator, the Financial Services Regulatory Authority (FSRA), recently unveiled six principles that will guide its “approach to virtual asset regulation and supervision.” Though not legally…

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Report: 11.4% of UAE Residents Have Invested in Cryptocurrencies

Just over 11% of United Arab Emirates (UAE) residents have invested in cryptocurrencies, a report issued by the country’s Telecommunications and Digital Government Regulatory Authority (TDRA) has reportedly said. Globally,…

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Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper

The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The…

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Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations

The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper…

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

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…

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Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center

The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct…

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