The UAE is no stranger to innovation and progress. And when it comes to blockchain and virtual assets, they’re staying ahead of the curve. With the goal of regulating virtual assets and becoming the ideal destination for the management and investment of virtual assets such as blockchain and cryptocurrency, Dubai recently adopted its first law to govern virtual currencies and assets, the Dubai Virtual Assets Law. In this article, we’ll tackle some of the most important matters regarding virtual assets and blockchain strategy in the UAE and, specifically, Dubai. What are Virtual Assets? In the past few years, you’ve probably heard a lot about cryptocurrencies, blockchain, virtual assets, virtual currencies and more. But what exactly are they? Simply put, they are digital representations of value that
