Dubai Financial Services Authority (DFSA) has announced plans to draw up a regulatory framework for the UAE's nascent cryptocurrency sector. Few of the plans details have been released at this stage. However it is understood the new regulations, likely to come into effect in 2022, will cover all digital assets and cryptocurrencies. The DFSA oversees inancial services firms registered in Dubai International Financial Centre (DIFC), a burgeoning freezone in the city. The proposed rul...
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