UAE’s Securities & Commodities Authority to Regard ICO Tokens as Securities

2018-10-9 18:08

The UAE might approve initial coin offerings organized by companies listed on local stock exchanges, the head of the Emirates Securities & Commodities Authority said.

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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