UAE Commodities Authority Approves ICOs in a Bid to Revamp Capital Markets

UAE Commodities Authority Approves ICOs in a Bid to Revamp Capital Markets
фото показано с : btcmanager.com

2018-10-9 17:00

The United Arab Emirates (UAE) is joining the league of countries that have embraced Initial Coin Offerings (ICOs) as a way of raising capital according to a report by Reuters on October 8, 2018. The planned listing of ICOs in 2019 comes after the Emirates Securities & Commodities Authority categorized ICOs as securities.

Strong Regulatory Framework Government-backed regulations will guide. . . Read More. The post by Priyeshu Garg appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News.

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Источник: btcmanager.com

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ICOs Get Green Light in UAE

The United Arab Emirates is set to give the green light to ICOs for corporate financing and could have provisional regulations in place early next year. Perhaps more significantly, the country’s Securities Watchdog has revealed a co-operation with local authorities in Dubai and Abu Dhabi to create unified rules for cryptocurrency exchanges.

2018-10-9 16:08


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