Crypto News

Dubai Sets a New Standard with Groundbreaking Digital Asset Law

Author : Renuka K

The Dubai International Financial Centre (DIFC) has taken a significant step forward in the fintech world by enacting a new set of laws aimed at regulating digital assets and providing enhanced legal certainty for investors. With these developments, the DIFC introduces what it claims to be the world's first comprehensive legal framework for digital assets as property under its unique legal system based on English law. This move is intended to align with international best practices and secure Dubai's position as a leading global financial hub, particularly in the rapidly evolving digital asset space.

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