Regulation is catching up to the digital asset world and this year we can expect to see more movement, both in the UAE and around the world, in regulatory matters
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Around the world, demand for digital assets is booming, not just in cryptocurrencies like bitcoin, ethereum, and stablecoins, but in newer instruments such as non-fungible tokens (NFTs), and in decentralised finance (DeFi). Because of the distributed and often decentralized nature of the underlying technologies — blockchain-based ledgers — policymakers can face a challenge in integrating digitalassets into their regulatory frameworks.
But that does not mean that innovative governments have not taken steps in the right direction. In early 2022, Dubai approved the Dubai Virtual Asset Regulation Law, aimed at establishing 'an independent authority to oversee the development of the best business environment in the world of virtual assets in terms of regulation, licensing, and governance’. The UAE has long seen the...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...