Dubai International Financial Centre (DIFC) issues new digital asset law

ChainCatcher news, according to TheBlock, the Dubai International Financial Centre (DIFC) is a tax-free economic zone in the United Arab Emirates that announced the enactment of a new digital asset law earlier this week, which came into effect on March 8. The regulation aims to help the DIFC keep pace with technological developments in international trade and financial markets, and to provide legal clarity for investors and users of digital assets.