First Crypto Law that Creates an Independent Body to Monitor Cryptocurrencies Takes Effect in Dubai

In wake of the unfolding war in Ukraine, the European Commission said on Wednesday that it will expand the scope of its sanctions against Russia and Belarus, as well as provide additional information on the virtual asset categorization.  Virtual assets come under the category of “transferable securities,” a categorization that is not included in the draft EU virtual asset law. After postponement this week, these laws, dubbed as MiCA, are