...s**? First, sale, distribution and promotion of any kinds of tokens and coins which use blockchain technology will be subjected to the regulation. Consequently, new acts will contain rules about investments, secondary market activities and probably investment funds holding digital assets. Narrowing this information, legal regulation will consist of: 1. * -Information disclosure about purcha...

...ding cooperation with the ADGM, the Abu Dhabi Sovereign Wealth Fund will invest in building and development of the platform. Also, Ahmed Al Sayegh, Chairman of the ADGM confirmed that the hub looks forward to collaborating with both local and global investment funds, companies and authorities.

...he mentioned above policies establishes a new approach of the Commission to the due diligence procedures. This policy is applicable to persons licensed or registered pursuant to any of the Bahamas administered Acts (Securities Industry Act 2011, the investment funds Act 2003, and the Financial and Corporate Service Providers Act 2000). The policy states that those registered entities and licensees...