in January that no companies have licenses from the watchdog.
Regulators around the world are racing to set up crypto supervision after last year's market crash saw the collapse of high profile digital asset exchange and lending platforms. The European Union is ready to approve its own licensing regime, while the U.K., South Korea and other jurisdictions are quickly forming their own frameworks.
Dubai's new framework, which also covers advertising and promotion requirements for crypto firms, still needs final approval before it is implemented.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
iamsandali Plz arrest this scam guy in Dubai. TJayDubai NXD NXDT electrum
iamsandali So sad.
iamsandali rules are great if people follow them