Tagged: regulatory framework

Dubai International Financial Centre (DIFC) Announces Consultation on Digital Assets Law

October 2, 2023 @ 7:18 pm By Omar Faridi |

Dubai International Financial Centre (DIFC), the global financial center in the MENA and Southeast Asia region, has proposed to enact a Digital Assets Law, a Law of Security and related amendments to select existing legislation “to cater to the requirements of the DIFC’s proposed digital… Read More

Read more in: Blockchain & Digital Assets, Asia, Politics, Legal & Regulation | Tagged amendments, crypto-assets, difc, digital assets, dubai, dubai international financial centre, legislation, mena, mena region, regulatory framework, southeast asia, uae, united arab emirates

Bahrain: Central Bank Issues Regulatory Framework for Digital Tokens, Supporting Crypto-Assets Market

April 3, 2023 @ 9:56 pm By Omar Faridi |

The Central Bank of Bahrain has issued amendments to its Crypto-assets (“CRA”) Module in March 2023, “following a consultation process with the industry stakeholders.” The amendments aim “to cater to the ongoing developments in the crypto-assets markets and comply with the industry best practices while… Read More

Read more in: Asia, Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged bahrain, central bank, central bank of bahrain, consultation, Crypto Regulations, digital assets, digital currencies, mena, mena region, middle east, regulatory framework, reserve bank, update, virtual currency