The rulebook aims to provide a comprehensive and transparent legislative and supervisory structure.
The Capital Market Authority (CMA), the United Arab Emirates’ (UAE’s) financial market regulator, has issued the 'Virtual Assets Framework' to develop a modern and integrated regulatory regime, keeping pace with the rapid growth of the virtual assets sector. The framework aims to establish balanced regulatory foundations The framework serves as a specialised regulatory umbrella governing virtual asset activities and consists of five core modules: general requirements, condu