Aug 16, 2022
What You Need to Know About Virtual Assets Law in the UAE? - An Informative and Inspirational Blog Post of Professional Lawyer Dubai
Virtual asset is an innovative technology representing value which could be stored, traded, transferred or used as a payment tool in a digital form. Bitcoin, crypto assets, non-fungible tokens (NFTs) are all virtual assets. In line with this, the Emirates of Dubai has issued a new law called the Law No. 4 of 2022 (Dubai Virtual Assets Law), aiming to regulate the global virtual asset industry in the Emirate of Dubai. The law balances the need for business growth vis-Ã -vis the virtual assets, with the need for their regulation. Read more.
