Pivoting to distributed ledger technologies could change the face of legal proceedings in the country and the entire Gulf region, according to ADGM Courts CEO Linda Fitz-Alan.
The principles issued by the FSRA hint toward innovation in the digital asset sector, and on top of its list is to create a framework aligned with the practices of international financial services.
The Abu Dhabi Investment Office estimates that only about 5-7% of market participants in the digital currency market are women.
Abu Dhabi wants to be the next jurisdiction to regulate the trading of non-fungible tokens (NFTs), with one of its free zones proposing draft recommendations to police the burgeoning industry.
Abu Dhabi Islamic Bank revealed that it had completed a trade finance transaction on TradeAssets blockchain network in what is a first for Islamic banks.
Abu Dhabi Global Market has amended its crypto framework, which has formed part of the FSRA regulations for the past two years.
MidChain is reportedly set to launch in late 2019. Once launched, MidChain will be located in the international financial center Abu Dhabi Global Market.
Abu Dhabi Global Market (ADGM), the financial centre of the UAE’s capital, has successfully completed trials of a new app for improving Know-Your-Customer (KYC) processes, known as e-KYC.
Abu Dhabi Ports and the Port of Antwerp, Belgium, have announced a collaboration on a pilot program for a blockchain-powered supply chain project, Silsal.