Partners Alishia Sullivan and Ksenia Andreeva authored an article for The Oath about the new regulatory measures relating to digital and virtual assets in the United Arab Emirates (UAE).
They discuss the regulatory landscape and important milestones, explaining that in continuing the balancing act required to encourage emerging technologies and safeguard the market and its participants, the regulators in the UAE have demonstrated a willingness to break new ground in the area by introducing bespoke digital and virtual asset regulatory regimes, establishing new regulatory authorities, or supplementing existing regulations to account for virtual assets.