United Arab Emirates: Abu Dhabi Regulatory Framework for the issuance of Fiat-Referenced Tokens
Progress
Current status
processing consultation
03 Oct 2024 processing consultation
20 Aug 2024 in consultation
Scope
Implementers
United Arab Emirates
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
subnational
Timeline of events
Closed consultation on Regulatory Framework for the issuance of Fiat-Referenced Tokens
On 3 October 2024, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) closed its consultation on the proposal for a Regulatory Framework for the issuance of Fiat-Referenced Tokens (FRT). The proposal regulates the i…
SourceEvent type
order
Action type
consultation closed
Government branch
executive
Government body
other regulatory body
Opened consultation on Regulatory Framework for the issuance of Fiat-Referenced Tokens
On 20 August 2024, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) opened a consultation on a proposal for a Regulatory Framework for the issuance of Fiat-Referenced Tokens (FRT) until 3 October 2024. The proposa…
SourceEvent type
order
Action type
consultation opened
Government branch
executive
Government body
other regulatory body