United Arab Emirates: Adopted Dubai Virtual Assets Law including establishment of Dubai Virtual Assets Regulatory Authority
Description
Adopted Dubai Virtual Assets Law including establishment of Dubai Virtual Assets Regulatory Authority
On 28 February 2022, the Dubai Law No. 4 of 2022 on the Regulation of Virtual Assets in the Emirate of Dubai (Virtual Assets Law) was adopted. The Virtual Assets Law governs activities involving virtual assets and related services throughout the Emi…
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