Dubai surprised many businesses earlier this year when it issued a new Virtual Assets Law. Dr Laura Voda, Of Counsel at Fichte Legal, examines this law’s most significant provisions and what could be next in this area in the UAE and other parts of the GCC. “Dubai Law No. 4/2022 Regulating Virtual Assets in Dubai, …
The Dubai International Arbitration Centre (DIAC) published its new arbitration rules (DIAC Arbitration Rules 2022 or the “New Rules”) on 2nd March 2022; these are in effect as of 21st March 2022. The 2022 Rules replace the erstwhile DIAC Arbitration Rules of 2007 and will be applicable to all arbitrations commenced after the 21st of …
Most jurisdictions are yet to enact laws or regulations governing cryptocurrencies and non-fungible tokens, leaving much uncertainty in the field. At a time when virtual assets are increasingly becoming a part of business transactions, and public interest in the sector is surging, the move to enact a law on virtual assets in Dubai is a …
[vc_row][vc_column][vc_column_text] A Address A string of letters and numbers that are used to receive cryptocurrency. Works similar to a traditional bank account number and can be shared publicly with others. All Time High (ATH) Refers to the maximum price of an asset, higher than at any other time in its trading history. Cryptocurrencies have risen …
[vc_row][vc_column][vc_column_text] Digital assets have been hitting the headlines regularly. Irina Heaver explains with a host of different terms being used, and many different regulators and regulations potentially being relevant depending on the nature of the specific assets it is important to understand the latest regulatory positions. To read the full article, click here. This article …
