UAE makes strides in crypto asset regulation: An analysis of the new UAE Central Bank Regulations on Stablecoins

Over the past years, UAE’s resolve to be a leader in the virtual assets space has continued to strengthen. The latest development is the enactment of the Payment Token Services Regulation (the Regulations) issued by…

An insight into the revamped Ultimate Beneficial Ownership Regulations in the UAE as of 2024

A recent overhaul of the regulations concerning the determination of an Ultimate Beneficial Owner (UBO) has brought about considerable changes in the UBO determination and filing for entities in the UAE. The most significant is…