Dubai DFSA: Studying a UK Law Commission’s Three-Year Plan for Digital Assets
Odaily2024/06/22 07:44
By:Odaily
Odaily News According to Jacques Visser, Director of Legal Affairs at the Dubai International Financial Center (DIFC), in addition to launching the Digital Assets Law, the Dubai Financial Services Authority (DFSA) is more concerned about cross-border regulation. Dubai is one of the first jurisdictions to propose a Statement of Basic Principles for Defining What Digital Assets Are. It continues to seek extensive consultations around the world to address cross-border regulatory issues for virtual assets in accordance with international standards. It is currently carefully studying a three-year digital asset plan by the UK Law Commission. Ken Coghill, Director of Innovation and Technology Risk Regulation at the Dubai Financial Services Authority, said that Dubais regulators will listen to and refer to industry opinions, and based on this, review existing regulations, promote regulatory progress, and establish more realistic and effective regulations.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Announcement•2025/11/28 09:06
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Bitget Announcement•2025/11/27 08:19
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Announcement•2025/11/27 04:40
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Announcement•2025/11/27 03:00
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,887.21
-0.69%
Ethereum
ETH
$3,029.05
-0.09%
Tether USDt
USDT
$1
+0.05%
XRP
XRP
$2.18
-1.60%
BNB
BNB
$886.06
-1.23%
Solana
SOL
$137.16
-3.31%
USDC
USDC
$1
+0.05%
TRON
TRX
$0.2812
+0.30%
Dogecoin
DOGE
$0.1502
-2.33%
Cardano
ADA
$0.4186
-3.81%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now