Dubai DIFC adopts comprehensive digital assets law and new security law

THE center complaints he has created THE of the world First of all complete together of legal features of digital assets as property In A new, short law.

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THE Dubai International Financial Center (DIFC), A special economic area with on 5,000 the inhabitants, has announcement THE passage of A new digital assets law And security law And amendments has existing law. THE center has It is own legal system base on English law.

THE legislative developments seek has "keep pace with THE fast developments In international trade And financial markets […] And has provide legal certainty For investors In, And users of, Digital Assets," according to has A statement. DIFC Authority chief legal officer Jacques To aim said:

"We consider This legislation has be revolutionary as THE First of all legislative promulgation has globally together out THE legal...