Abu Dhabi Global Market Financial Regulator Unveils Virtual Asset Regulation 'Guiding Principles' – Regulation Bitcoin News

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According to the regulator, the six guiding principles are intended 'to support engagement with other like-minded regulatory agencies in and outside the UAE.' virtualassets regulation adgm

Abu Dhabi Global Market Financial Regulator Unveils Virtual Asset Regulation 'Guiding Principles'

Though not legally binding, the principles, according to the FSRA, must be “viewed as a complement to the comprehensive detail of our published framework.” According to the regulator, the six principles are potentially the basis “for regulatory cohesion across jurisdictions.”

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