Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Marvie Basilan

EXPLAINED: Qatar unveils digital assets regulatory framework leaving us behind - The Real Truth

Qatar now has its own crypto regulations, while the U.S. is still struggling to pass legislation to establish a regulatory framework for the fast-evolving industry. (Credit: Jernej Furman/flickr.com)

KEY POINTS

  • Even with stringent rules, the framework is expected to help drive innovation in the emerging space
  • 'Excluded' tokens such as stablecoins are prohibited from being traded within the QFC
  • The US, on the other hand, has yet to have its own regulatory framework for cryptocurrencies

Qatar has launched an extensive regulatory framework for the cryptocurrency industry, becoming one of only a few jurisdictions that now has its own set of rules to ensure innovation, compliance, and growth in the sector.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.