According to PANews, the Dubai International Financial Centre( DIFC) has blazoned the perpetration of a new digital asset law, aimed at keeping DIFC in sync with technological advancements and furnishing legal clarity for digital asset investors and druggies.
The law, which came into effect on March 8th, intends to exhaustively regulate the legal characteristics of digital means as property law and stipulate how to control, transfer, and handle digital means. DIFC is a duty-free special profitable zone in Dubai with an independent legal system and courts grounded on British common law.
The enactment of this law follows a review of nonsupervisory approaches in colorful regions worldwide and a public discussion conducted last time.
The law, which came into effect on March 8th, intends to exhaustively regulate the legal characteristics of digital means as property law and stipulate how to control, transfer, and handle digital means. DIFC is a duty-free special profitable zone in Dubai with an independent legal system and courts grounded on British common law.
The enactment of this law follows a review of nonsupervisory approaches in colorful regions worldwide and a public discussion conducted last time.