Cryptocurrency : Businesses dealing with crypto assets can now obtain bespoke licences offered by the DMCC Crypto Centre in Dubai. The DMCC freezone and Government of Dubai Authority on commodities, trade and enterprise signed an MoU with the the Securities and Commodities Authority (SCA) to establish a regulatory framework for businesses offering, issuing, listing, and ...

New Stored Value Facilities Regulation defines the regulatory treatment of crypto assets. Crypto Currencies: The Central Bank of the UAE (CBUAE) on Sunday clarified that it has not legalized crypto currencies by issuing the recent Stored Value Facilities (SVF) Regulation. The CBUAE had recently issued the SVF Regulation, and is in the process of issuing ...