As a financial practitioner, I'm intrigued by the latest developments in the crypto world. Could you elaborate on ADGM's new crypto asset regulatory framework? Specifically, what are the key objectives and principles that underlie this framework? How does it aim to protect investors while fostering innovation in the crypto space? Additionally, what measures has ADGM taken to ensure the framework is robust and adaptable to the rapidly evolving nature of cryptocurrency? I'm particularly interested in understanding how this framework will shape the future of crypto regulation globally.
5 answers
CherryBlossomKiss
Thu Jul 18 2024
On 25 June 2018, ADGM introduced the region's first comprehensive framework for regulating crypto assets, establishing a robust foundation for the industry.
Luca
Thu Jul 18 2024
Since then, ADGM has remained proactive in engaging with stakeholders, both locally and internationally, to ensure its regulatory framework remains relevant and responsive to evolving trends in the crypto asset space.
KimchiQueenCharm
Thu Jul 18 2024
This updated edition marks a significant milestone in the crypto asset regulatory landscape.
Martina
Thu Jul 18 2024
The exchange of ideas and experiences with market participants has been crucial in shaping ADGM's approach to crypto asset regulation. This collaboration has enabled ADGM to identify and address emerging risks while fostering innovation and growth.
ethan_lewis_journalist
Thu Jul 18 2024
Following the inaugural release in June 2018, ADGM has once again stepped forward with revised guidelines for crypto assets.