Abu Dhabi to Regulate Cryptocurrencies as Commodities and ICOs as ‘Specified Investments’

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published its position regarding cryptocurrencies and initial coin offerings (ICOs) under the Financial Services and Markets Regulations (FSMR). The ADGM recognizes that attempting to develop a one size fits all regulatory apparatus for the cryptocurrency industries is inappropriate, and will approach cryptocurrencies … Continue reading Abu Dhabi to Regulate Cryptocurrencies as Commodities and ICOs as ‘Specified Investments’