Regulatory Alerts2025-01-01
Consultation Paper No. 9 of 2025 – Proposed Regulatory Framework for Regulated Activities Involving Fiat-Referenced Tokens
The Financial Services Regulatory Authority of Abu Dhabi Global Market proposes a regulatory framework governing Regulated Activities involving Fiat-Referenced Tokens, including custody, trading, and payment services. The document outlines criteria for accepting Foreign Fiat-Referenced Tokens and expands the scope of existing Regulated Activities to explicitly cover token intermediation and custody. It further establishes conduct and prudential rules for Authorised Persons handling these tokens to ensure appropriate risk management and compliance standards.
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