UAE: Abu Dhabi Global Market Updates Guidance for Regulation of Crypto-Asset Activities

On May 14, 2019, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) published amended guidance for the regulation of crypto-asset activities. Following the launch of the initial guidance in June 2018, it has been updated to stay abreast of developments in local and international crypto markets.

The FSRA continues to monitor industry developments to ensure the regulatory framework is up-to-date and risk-appropriate to facilitate the sound development and deployment of promising financial technology innovations.

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