The regulator for Abu Dhabi’s international financial center is considering embracive regulations for the cryptocurrency industry, a move that could see exchanges and intermediaries move into the financial zone.
In an announcement on Sunday, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market said it is currently reviewing the development of a regulatory framework with industry firms and relevant authorities.
If established, the regulatory move would establish the international financial sector as friendlier shores for cryptocurrency exchanges and firms.
