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Dubai government's big decision regarding Crypto and digital assets

Dubai World Trade Center


The Dubai World Trade Center will devise a comprehensive ecosystem for this progressive sector within Dubai.

The Dubai World Trade Center will cooperate with the private sector and related agencies in Dubai to create an attractive environment for this sector, and investors protection, anti -money laundering (AML), terrorist financing (CFT) Will enforce strict standards for compliance. Cross Border Del Flow Traising.

The announcement that comes into efforts to further develop Dubai's virtual assets and markets, including creating a framework for modern financial products, adopt new trends that rely on modern basic blockchain technology, such as Non -Financial Token (NFT) and Crypto currencies.

This step accelerates Dubai status as a leading global center for business, trade and technology, the World Trade Center will supply and monitor a new regulatory framework of world -class virtual asset legislation and implementation policies. , Which will be important to simplify and expand the cross. Border Operations and Environmental System innovation to enable and enable the secure market for this sector in Dubai.



This post first appeared on Digital Media Time News, please read the originial post: here

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Dubai government's big decision regarding Crypto and digital assets

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