Dubai Financial Watchdog to Release Consultation Papers for a Crypto Regulato...
The Dubai Financial Services Authority (DFSA) has unveiled its plans to create a regulatory framework for cryptocurrencies. The announcement was part of its 2021-2022 business agenda released this week. The Papers Will Be Released in the First Half of 2021 According to the watchdog, which regulates the Dubai International Financial Centre (DIFC), the upcoming crypto framework aims to expand on the existing rules. It includes the regulation of crypto issuers and trading platforms. The document, signed by DFSA Chairman Saeb Eigner, reads: We will build upon recent achievements in this space....
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The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto tokens.
Changes to the Draft Legislation
The Dubai Financial Services Authority (DFSA), the financial regulatory agency of UAE’s special economic zone, the Dubai International Financial Centre (DIFC), has released a consultation paper proposing a regulatory regime for crypto tokens.
The DFSA said the public has until May 6, 2022, to comment on....
The Dubai Financial Services Authority is reportedly looking to introduce two crypto-related consultation papers as part of its business plan in 2021. The Dubai Financial Services Authority, the financial regulatory agency for the special economic zone, the Dubai International Financial Centre, is looking to enhance local cryptocurrency-related regulations.The DFSA is planning to introduce a regulatory framework for diverse digital assets as part of its 2021–2022 business plan released on Jan. 18.According to the DFSA, the upcoming crypto framework will further expand the DFSA’s regulation....
The UAE continues to be one of the most friendly jurisdictions worldwide for the digital asset industry. The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players' demands and requirements.The DFSA is an independent regulatory body in Dubai that is in charge of monitoring and regulating financial services companies wanting to operate there. It also licenses and regulates their products and services.According to a report....
U.K. watchdog, the Financial Conduct Authority (FCA), has told firms running crypto ATMs in the country that they are operating illegally and must therefore shut down their machines. Operators that fail to heed the warning will face enforcement action, the FCA said. Crypto ATM Providers Operating Illegally The U.K. financial sector watchdog, the Financial Conduct Authority (FCA), has said it asked cryptoasset service providers that operate crypto ATMs to “shut their machines down or face enforcement action.” The watchdog insisted that since none of the crypto firms that it....
The U.S. Department of Health and Human Services (HHS) just put out a call for White Papers that address the utilization of blockchain in healthcare. Let’s see what happens. A Call For Papers. HHS recently offered a press release [PDF] that asked for registrants to register and respond to the prompt, “Blockchain and Its Emerging Role in Healthcare and Health-related Research.” Within the release HHS defines blockchain technology and then suggests how it may be applicable to the field of health care. Entrants. In order to enter the competition the author(s) must either be U.S. citizens or....