The Financial Services Authority (FSRA), the regulatory arm of Abu Dhabi Global Market (ADGM) located in Abu Dhabi, has announced amendments to its digital asset regulatory framework. These changes are effective immediately, according to a press release from the FSRA. The amendments come after extensive industry engagement and feedback on Consultation Paper No. 11 of...
The Financial Services Authority (FSRA) of Abu Dhabi Global Market (ADGM) has announced the immediate implementation of amendments to its regulatory framework for digital assets. This decision follows extensive industry engagement and feedback on Consultation Paper No. 11 of 2024. The key focus of the amendments is on revising the process for accepting Virtual Assets...
The Dubai Land Department (DLD) and the Dubai Virtual Assets Regulatory Authority (VARA) have signed a groundbreaking collaboration agreement aimed at enhancing Dubai’s status as a leading hub for both real estate investments and innovation. This agreement marks the first of its kind globally, linking the real estate registry with property tokenization through a governance...
Tokinvest, a marketplace for real-world asset investments, has become the first company within Dubai’s DMCC International Business District to receive a full market licence from the Dubai Virtual Assets Regulatory Authority (VARA). This licence allows Tokinvest to operate as a virtual asset broker-dealer, catering to retail, qualified, and institutional investors both in Dubai and internationally....