The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a meeting on May 30, 2023, to discuss collaboration in the development of financial technology and cryptocurrency regulations. The goal of this meeting was to strengthen cooperation and provide the groundwork for collaborative ...
The Abu Dhabi Global Market's (ADGM) Registration Authority has unveiled a proposed legislative framework for distributed ledger technology (DLT) projects in the United Arab Emirates (UAE). The ADGM, which is a financial centre in the UAE, aims to regulate disclosure, governance structures, and liquidation related to DLT. The framework includes ...
The Securities and Commodities Authority (SCA), the UAE's federal financial regulatory agency, has announced that it would accept license applications for companies wishing to offer virtual asset services in the country. The SCA mandates that all virtual asset service providers (VASPs) in the UAE, with the exception of those already ...
