“It’s not something that’s prescriptive, because you do need, in this industry, to be slightly flexible, insofar as it’s a fast-paced, fast-moving industry. So if you’re very prescriptive in nature, you could probably expect it to be something that was out of date as soon as you wrote it,” Swartz said, adding that DLA Piper worked on the package for nine months, and had been tracking Dubai’s regulation of the sector even before formally engaging with VARA.
Related posts
-
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
The United States witnessed its first banking failure of... -
Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead
In a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1)... -
Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’
Over the past 90 days, while bitcoin has shown...