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KM Financial Solutions | Abu Dhabi financial regulator may create framework for virtual currencies
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Abu Dhabi financial regulator may create framework for virtual currencies

10 Feb Abu Dhabi financial regulator may create framework for virtual currencies

Posted at 17:23h in News by
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DUBAI, Feb 11 (Reuters) – The regulator of Abu Dhabi’s
international financial centre said it could create rules for
exchanges handling virtual currencies, in a sign that
authorities in the United Arab Emirates may allow trade in
cryptocurrencies such as bitcoin to develop.
The Financial Services Regulatory Authority (FSRA) is
considering whether to establish a framework for virtual
currency exchanges, the FSRA, which supervises the Abu Dhabi
Global Market (ADGM), said on Sunday.

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