UAE’s cryptoasset rules

April 2020

The United Arab Emirates’ Securities and Commodities Authority (SCA) published draft regulations in October 2019 governing cryptoassets, setting standards for a range of market participants. The regulations cover all aspects of the cryptoasset industry, such as safekeeping practices and compliance with financial crime prevention measures. Cryptoassets are virtual, digital assets or tokens operating on a blockchain platform and protected by...

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UAE’s cryptoasset rules

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