DIFC Academy: Decoding Cryptocurrency and Blockchain for Lawyers

Blockchain has revolutionized how work is done by governments, enterprises, startups, and investors. The benefits of blockchain technology, from transparency to accessibility, have been adopted for use by various sectors. Digital assets such as cryptocurrency have drastically altered the investment landscape.

Cryptocurrencies come with varying risks and opportunities—requiring an understanding of how they are regulated in the United Arab Emirates. Blockchain-based cryptocurrencies, such as Bitcoin and others, carry an inherent risk of money laundering and financing of terrorism. With the establishment of the Virtual Assets Regulatory Authority, Dubai highlights its vision to become one of the leading jurisdictions for investment in digital assets.

Morgan Lewis, LexisNexis Middle East, and the Dubai International Financial Centre (DIFC) Academy will host the in-person training session, Decoding Cryptocurrency and Blockchain for Lawyers.

Topics will include:

• How cryptocurrency works
• The scope of the new regulatory framework
• Common unlawful activities where cryptocurrencies are used

Morgan Lewis partner Alishia Sullivan will provide the training.