United Arab Emirates: Dubai Virtual Assets Law including establishment of Dubai Virtual Assets Regulatory Authority enters into force
Description
Dubai Virtual Assets Law including establishment of Dubai Virtual Assets Regulatory Authority enters into force
On 11 March 2022, the Dubai Law No. 4 of 2022 on the Regulation of Virtual Assets in the Emirate of Dubai (Virtual Assets Law) was published in the Official Gazette of the Government of Dubai and came into force. The Virtual Assets Law governs activ…
Scope
Policy Area
Other operating conditions
Policy Instrument
Other operating condition, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), DLT development
Implementation Level
national
Government Branch
executive
Government Body
central government