The UAE has revised its anti-money laundering regulations

Janak9955

The United Arab Emirates Financial Services Regulatory Authority (FSRA) has recently revised the Anti-Money Laundering Regulations and Guidelines (AML), particularly amending clauses related to digital asset transactions, in response to significant changes made by the Financial Action Task Force (FATF) in this field. In this revision, the UAE formally categorizes digital assets as a recognized means of payment, acknowledging the evolution of financial transaction methods. The document specifically mentions that payments involving virtual assets fall within the purview of these regulations.

Jafar224

Include it in regular financial regulation, not just the so-called anti-money laundering measures.

Kamal531

This regulation needs to be understood.

Ritu13

Transactions like these also need to be examined.