ADSW
2,488 views
1 Discussing
Hot
Latest
See original
UAE's Relationship with Cryptocurrency Market and Projects
The UAE is considered one of the leading countries in the Middle East in the field of adopting and regulating cryptocurrencies, as it has been distinguished from the beginning by advanced regulatory policies and an attractive investment environment in this field.
Regulatory Policies
The UAE has created a comprehensive regulatory framework for cryptocurrencies that consists of two levels: the federal framework and the local framework. At the federal level, the Securities and Commodities Authority (SCA) plays a pivotal role in setting the regulations governing virtual assets. A law was issued in 2020 regulating virtual assets, which enhances the UAE’s attractiveness to global crypto companies.
Regulatory Policies
The UAE has created a comprehensive regulatory framework for cryptocurrencies that consists of two levels: the federal framework and the local framework. At the federal level, the Securities and Commodities Authority (SCA) plays a pivotal role in setting the regulations governing virtual assets. A law was issued in 2020 regulating virtual assets, which enhances the UAE’s attractiveness to global crypto companies.
Login to explore more contents