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ADGM s Financial Regulator publishes Guiding Principles on its Approach to Virtual Asset Regulation and Supervision

Abu Dhabi [UAE], September 13 (ANI/PRNewswire): Abu Dhabi Global Market (ADGM), the International Financial Centre of the UAE's capital city, announced today that its financial regulator, the Financial Services Regulatory Authority (FSRA), has published Guiding Principles on its approach to virtual asset regulation and supervision as a way to outline its expectations for the asset class and service providers in the sector. The principles act as an accessible and easy to follow complement to ADGM's comprehensive regulatory framework for spot virtual asset activities. They also aim to facilitate greater regulatory collaboration and cohesion between the FSRA and other authorities both in the UAE and globally. Furthermore, the guiding principles can also inform and educate the investor community and the general public about the regulatory actions the FSRA can take to identify and respond to underlying risks. Specifically, the principles state the FSRA's risk appetite and priori

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