• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Draft Changes in Virtual Asset Regulation in Abu Dhabi

user avatar

by Giorgi Kostiuk

a year ago

The Abu Dhabi Financial Authority has released a draft of proposed changes to virtual asset regulation for market participant feedback.

Proposed Changes to the Virtual Asset Framework

The FSRA proposes changes to the process of accepting virtual assets for use within ADGM. New obligations for virtual asset firms and prohibitions on algorithmic stablecoins and privacy tokens are discussed.

Discussion Points on the Virtual Asset Framework

Aspects of various business models, including staking and lending/borrowing services, are considered. Changes to fees and capital requirements for firms are discussed.

Permitted Investments for Venture Capital Funds

Proposals allow venture capital funds to invest in virtual assets and various forms of digital tokens. These changes expand diversification options for investment portfolios.

The proposals reflect ADGM's attempt to adapt to the evolving world of virtual assets, supporting sustainable growth and safeguarding market participants.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Massive Data Leak from Misconfigured Chatbot Database

chest

A security researcher discovered 300 million messages from 25 million users in a publicly accessible database due to a misconfigured backend.

user avatarLeo van der Veen

Institutional Adoption Could Propel XRP Price to $8

chest

Institutional adoption is seen as a key factor that could drive XRP's price to $8, especially after the SEC lawsuit settlement.

user avatarAisha Farooq

Settlement of SEC vs Ripple Lawsuit Boosts XRP Investor Sentiment

chest

The settlement of the SEC lawsuit against Ripple in 2025 has led to increased investor confidence and a rise in XRP's price.

user avatarTenzin Dorje

Trump Media Technology Group Reports Significant Financial Losses

chest

Trump Media Technology Group reports a net loss of over $700 million due to volatility in digital assets.

user avatarBayarjavkhlan Ganbaatar

Trump Media Technology Group Plans Potential Spinoff of Truth Social

chest

Trump Media Technology Group is considering spinning off its social media platform, Truth Social, into a separate publicly traded company due to significant financial losses.

user avatarMohamed Farouk

Ethereum Spot ETFs Break Negative Streak with Positive Inflows

chest

Ethereum Spot ETFs have recorded their first positive inflows in six weeks, totaling 804.6 million, ending a five-week negative streak.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.