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Dubai Airport Free Zone (DAFZA) Cleared for Crypto Liftoff

Dubai Airport Free Zone Authority (DAFZA) has signed an agreement with the Securities and Commodities Authority (SCA). In order to uphold the regulation, offering, issuance, listing, and trading of cryptocurrencies within the free zone.

Notably, Acting CEO of SCA Dr. Maryam Al Suwaidi, and Amna Lootah, Assistant Director-General of DAFZA have signed the agreements.

Al Suwaidi said,

However, the new agreement enables firms to trade with cryptocurrencies that will be licensed within DAFZA. As the SCA will issue the relevant approvals and license…

This article was first published on coinquora.com

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Source: Cryptocurrency - investing.com

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