In a statement cited by state news agency WAM, the authority called on all relevant parties including investors, brokers, financial analysts, researchers and media personnel to provide their feedback by October 29.
The draft regulations may be amended in a manner that serves the public interest and has not been made final yet, it added.
Crypto asset regulations will encompass all aspects of the crypto industry in the UAE ranging from token issuance requirements to trading and safekeeping practices with emphasis on protecting investor interests with compliance of financial crime prevention measures, crypto-asset sake-keeping standards, information security controls, technology governance norms and conduct of business requirements for all market intermediaries.
The regulations also lay down standards and requirements for a wide range of market participants like issuers of securities, investors including qualified investors, custodians, crypto trading platforms, brokers and promoters engaged in crypto asset industry.
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