Dubai: Crypto Assets Agreement Signed
Type
News
Date
21 Mar 2021
Provider
Middle East Newspaper Index
Jurisdiction
Dubai, Dubai Multi Commodities Centre, United Arab Emirates
Taxonomy
Financial Services & Activities, Financial Institutions, Regulation & Offences, Payment & Payment Systems, General Information Technology & Telecommunications
Newspaper title
Al Bayan
Issue date
21 Mar 2021
Citation
Al Bayan, 21 March 2021
Summary
Al Bayan, 21 March 2021: The Dubai Multi Commodities Centre has signed a cooperation agreement with the UAE's Securities and Commodities Authority.
The aim is to introduce a regulatory framework for companies working in crypto assets to offer, issue, list and trade in the Centre.
Under the agreement, these companies will be able to get licences which are tailored to their needs.
The Authority is also planning to organise the activities of post trading crypto assets in line with the policies launched in October 2020 to develop a complete system for crypto assets and Blockchain technology.
For full story see https://www.albayan.ae/uae/news/2021-03-21-1.4121191.