UAE Introduces First Regulatory Regime For Virtual Assets

UAE has announced the introduction of a new federal-level regulation governing virtual assets. This framework is the state’s first-ever regulatory regime set up for the web3 space in UAE. According to the UAE Cabinet, the regulation adds another layer of surveillance when it comes to virtual assets and virtual asset service providers. Additionally, the regulation The post UAE Introduces First Regulatory Regime For Virtual Assets appeared first on Coin Edition .