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Mohammed bin Rashid adopts the first law of its kind
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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity as ruler of the Emirate of Dubai, issued the first law of its kind to regulate virtual assets aimed

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity as ruler of the Emirate of Dubai, issued the first law of its kind to regulate virtual assets aimed at raising the position of Dubai and the UAE as a regional and global destination in the field of virtual assets, and providing the necessary systems to protect investors and dealers in This sector and contribute to attracting investments and companies working in this field to make the emirate a center for their business.

On this occasion, His Highness Sheikh Mohammed bin Rashid Al Maktoum stressed that Dubai will be a major player in designing the future of virtual assets in the world, and said: "The future belongs to whoever designs it... Today we are participating in designing the future of virtual assets globally."

His Highness pointed out that Dubai possesses all the capabilities that qualify it to be one of the most important global centers in the field of virtual assets, especially the advanced legislative environment. His Highness said: "Dubai will provide the best environment in the world for digital assets ... in terms of regulation ... and governance ... and security ... In line with the financial systems locally and globally.