What do you know about the New DIFC Digital Assets Law?
Background and Purpose The Dubai International Financial Centre (DIFC) has enacted Digital Assets Law No. 2 of 2024, which updates existing regulations significantly. This new law offers a precise legal definition of digital assets and outlines the procedures for their control, transfer, and management. The new legislation greatly strengthens the DIFC’s securities regime, delivering enhanced clarity, certainty, and security for digital asset...