ArticleVARA Rulebooks V2.0Please note that the below is intended to be an illustrative commentary and not to constitute legal advice. The amendments to the VARA Rulebooks...United Arab EmiratesTechnologyTLP Advisors
ArticleUAE's Groundbreaking Approval Of AE Coin: A New Era For Dirham-Backed StablecoinsIn a significant development, AE Coin has received a full regulatory licence from the Central Bank of the UAE ("CBUAE"), marking a major milestone in the country's digital finance ecosystem.United Arab EmiratesTechnologyTLP Advisors
ArticleShanghai Court Recognises The Legality Of Crypto Ownership For IndividualsIn a recent opinion published on the Shanghai High Court's official WeChat account, Judge Sun Jie, a judge at the Shanghai Songjiang District People's Court, confirmed that it is not illegal for individuals in China to hold, buy, or sell cryptocurrencies, recognising them as legal property.United Arab EmiratesTechnologyTLP Advisors
ArticleThe Approval Of AED Stablecoin: A New Milestone For The UAE's Digital Finance EcosystemIn a significant development for the UAE's financial landscape, the country has introduced its first-ever dirham-backed stablecoin – AE Coin, launched by AED Stablecoin LLCUnited Arab EmiratesFinance and BankingTLP Advisors
ArticleSmart Contracts, Shifting Standards: Understanding The SEC's New Disclosure Expectations For TokensThe SEC's April 2025 Guidance signals a shift from ambiguity to structure, requiring digital asset issuers to treat token-related disclosures with the same rigour as traditional securities offerings.WorldwideTechnologyTLP Advisors
ArticleEU vs. Crypto Anonymity: What You Need To KnowThe European Union ("EU") is stepping up its fight against money laundering and terrorist financing. In 2024, it introduced a major set of new rules for financial institutions...European UnionTechnologyTLP Advisors
ArticleRegulatory Compliance Of Multi-Chain Wallet Tracking Solutions: Navigating AML/KYC In A Cross-Chain WorldWallet tracking solutions monitor wallet activity across multiple blockchains, linking addresses to real-world entities and identifying suspicious patterns.United Arab EmiratesGovernment, Public SectorTLP Advisors
ArticleSeoul Sees All – South Korea's Next Level Of Oversight Over Virtual AssetsSouth Korea is rapidly advancing virtual asset regulation, specifically to monitor cross-border transactions and address a "blind spot" in oversight that has facilitated financial crimes.United Arab EmiratesFinance and BankingTLP Advisors
ArticleTax Considerations: Moving From Canada To The UAECanadians are taxed on their global income as long as they are considered tax residents of Canada. For Canadians relocating to the United Arab Emirates ("UAE"), understanding the nuances of residency rules...United Arab EmiratesTaxTLP Advisors
ArticleCompliance And Risk Management For Virtual Asset EntitiesThe rapid evolution of the virtual asset industry has introduced both unprecedented opportunities and significant regulatory challenges.United Arab EmiratesCorporate/Commercial LawTLP Advisors
ArticleCorporate Migration Into The Free Zones In The UAE: A Strategic Legal PerspectiveMigrating businesses must assess the need for a mainland presence, particularly in sectors that require local partnerships or direct market access.United Arab EmiratesCorporate/Commercial LawTLP Advisors
ArticleWe Can DAO It! Navigating Legal Challenges And Solutions For Decentralised Autonomous OrganisationsIn a recent ruling of Andrew Samuels v. Lido DAO,[i] the United States District Court for the Northern District of California ("Court") addressed the legal complexities surrounding decentralised autonomous organisations ("DAO").United Arab EmiratesLitigation, Mediation & ArbitrationTLP Advisors
ArticleDubai Court Embraces Crypto: Employment Salaries May Now Be Payable In CryptocurrenciesThe 2024 ruling by the Dubai Court of First Instance affirms the legality of paying salaries in cryptocurrency under employment contracts, reflecting a shift in the UAE judiciary's approach toUnited Arab EmiratesTechnologyTLP Advisors
ArticleCoining Stability: ADGM Opens Doors For Stablecoin IssuanceThe Abu Dhabi Global Market ("ADGM") has taken a significant leap towards regulating the virtual assets ecosystem by amending the Financial Services and Markets Regulations 2015 ("FSMR") through the Financial Services and Markets (Amendment No. 1) Regulations 2024 ("Amendment").United Arab EmiratesFinance and BankingTLP Advisors
ArticleIEMS And VASPs: VARAs' Next Step In AML EnforcementIn May 2025, VARA mandated all VASPs to be fully registered and responsive on the FIU's Integrated Enquiry Management System portal.United Arab EmiratesGovernment, Public SectorTLP Advisors
ArticleThe UAE’s New VASP Framework: A Comprehensive Revision Of The CMA’s RegulationsThe Capital Market Authority of the United Arab Emirates has introduced a comprehensive new licensing regime for Virtual Asset Service Providers, establishing eight distinct regulated activities with risk-based capital requirements and enhanced governance standards. The framework consolidates previous regulations while introducing stricter controls on privacy tokens, algorithmic tokens, and client asset holdings, positioning the UAE as a leading hub for regulated digital asset innovation. United Arab EmiratesFinance and BankingTLP Advisors
ArticleMining For Clarity With The Latest Statement On Crypto-Mining Activities From The SECThe SEC's Division of Corporation Finance issued a Statement on Proof-of-Work (PoW) Mining, opining that certain mining activities do not constitute securities transactions. United Arab EmiratesTechnologyTLP Advisors
ArticleSouth Korea's New Era: Virtual Asset User Protection Act 2024 Sets A Bold StandardSouth Korea's Virtual Asset User Protection Act 2024 introduces stringent regulations to enhance consumer protection in the crypto space.WorldwideTechnologyTLP Advisors
ArticleHow To Finfluence Without Getting Fined: A Glimpse Into UAE's Finfluencer RegulationsAnyone offering financial advice or investment recommendations in the UAE on any platform must be licensed by the Securities and Commodities Authority (SCA) and registered as a finfluencer.United Arab EmiratesMedia, Telecoms, IT, EntertainmentTLP Advisors
ArticleWhy The UAE Could Become The Global Hub For Virtual Asset Proprietary Trading: A Practical Guide With Jurisdictional Comparisons To Singapore And SwitzerlandVirtual asset proprietary trading ("Prop Trading"), where firms trade digital assets using their own capital has gained significant traction amid the global rise of cryptocurrencies and blockchain-based financial systems.WorldwideTechnologyTLP Advisors