Dubai has adopted the first law of its kind in the emirate that regulatesvirtual assets, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
The Dubai Virtual Asset Regulation Law is aimed at creating an advanced legal framework to protect investors and provide international standards for virtual asset Governance that will promote responsible business Growth in the emirate.
The UAE government is taking concrete steps to establish a strong digital economy and make use of the advantages provided by digital transformation.