TagADGM

Proper Regulations Will Boost Confidence in Cryptocurrency Sector: Abu Dhabi Regulator

Abu Dhabi cryptocurrency regulations

The regulatory chief of Abu Dhabi’s international financial center and free zone has called for tighter regulations for cryptocurrency trading and ICOs while recognizing the growing global industry. Nearly a year after issuing its guidelines for cryptocurrencies and initial coin offerings (ICOs), effectively regulating the industry, the Financial Services Regulatory Authority (FSRA) is sharing...

Abu Dhabi Regulator Launches Crypto Regulations in Financial Free Zone

Abu Dhabi Securities Exchange

The regulator for Abu Dhabi’s international financial center and free zone has launched its regulatory framework that will encompass spot crypto services offered by exchanges, custodians and other intermediaries in the area. In a bid to foster a safer and thriving marketplace for cryptocurrency firms, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) – the...

Bitcoin Regulation: Abu Dhabi Financial Regulator Considers Cryptocurrency Framework

The regulator for Abu Dhabi’s international financial center is considering embracive regulations for the cryptocurrency industry, a move that could see exchanges and intermediaries move into the financial zone. In an announcement on Sunday, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market said it is currently reviewing the development of a regulatory framework with...

Abu Dhabi Inks FinTech Development Pact with Mastercard

Abu Dhabi Securities Exchange

Abu Dhabi’s international financial center has entered a collaboration with payments giant Mastercard to develop and accelerate FinTech solutions in the region. The Abu Dhabi Global Market (ADGM), an international financial center established by a UAE Federal Decree to develop and strengthen financial services in Dubai as a global center for business and finance, is partnering Mastercard to...

Abu Dhabi Issues Cryptocurrency and ICO Regulations

The government of Abu Dhabi, through its markets regulator, has released guidelines on virtual currencies and initial coin offerings (ICOs). The government of Abu Dhabi has published [PDF] guidelines to bring clarity to its regulatory approach to ICOs and virtual currencies for ICO organizers and digital currency adopters. After deliberation, the Financial Services Regulatory Authority (FSRA)–...

Abu Dhabi Shakes on FinTech Investment Pact with China

The UAE’s second largest financial free zone has entered a partnership with a Chinese counterpart to enable fintech development and investment opportunities in both countries. In an announcement this week, the Abu Dhabi Global Market (ADGM) revealed details of a new cooperation with the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, also known as the Qianhai New...

Abu Dhabi Regulator Joins the R3 Blockchain Consortium

The Abu Dhabi Global Market (ADGM), an international financial center that houses Abi Dhabi’s financial regulator, has joined the R3 blockchain consortium. In an announcement on Thursday, the ADGM confirmed its foray into blockchain development by joining the global bank-centric financial blockchain consortium led by New York-based startup R3. ADGM also becomes the first regulatory body in the...

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