FinTech
Regulation, Risk & Compliance
Uncategorized
UAE: new regulations for stored value facilities and cryptoassets
The United Arab Emirates has continued its development of the regulatory environment for fintech firms with the issuance of new regulations covering stored value facilities and cryptoassets. Stored Value Facilities (SVFs) The UAE Central Bank’s SVF Regulation (85 page / 1.9MB PDF), released in early November 2020, repeals and replaces…
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