UAE regulators pave way for crypto and blockchain adoption, says legal expert
Legal expert Kokila Alagh shared insights regarding crypto and blockchain regulations in the United Arab Emirates. While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently enacting its vision of becoming a blockchain capital by providing frameworks to guide crypto businesses on how to operate in accordance with the laws.Jurisdictions in the country are divided between the mainland, where the regulator is the Securities and Commodities Authority....
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