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  • Writer's pictureSieracki Milosz

Zeniq News - Dubai strengthens its position as a digital asset

Dubai strengthens its position as a digital asset powerhouse with the passage of its Virtual Asset Regulatory Law.

Dubai Virtual Assets Regulation Law Approved

With this new law his Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai reinforces Dubai as one of the key players in the world of digital assets .

What sort of changes will this bring?

  • Organize the emission and trading of virtual assets and virtual tokens.

  • Organize and authorize virtual asset service providers.

  • Ensure the highest standards of protection for beneficiaries' private data.

  • Organize the performance of VA platforms and portfolios.

  • Supervise transactions and prevent manipulation of VA prices.

As we see every day, the world of digital assets is taking hold around the world.

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