Qatar Introduces Comprehensive 2024 Framework for Digital Assets

Qatar has introduced a comprehensive framework to regulate digital assets within its Qatar Financial Centre (QFC), aligning with the nation’s Third Financial Sector Strategic Plan.

The new framework aims to establish a secure and transparent digital asset ecosystem that meets international standards, attracting both domestic and international participants.

Officials, including the Qatar Central Bank Governor and QFC executives, emphasized that this initiative will support the growth of a robust and innovative financial services sector. The framework follows extensive industry collaboration and allows companies to apply for licenses to provide token services.

Clever Robot News Desk 3rd September 2024

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