UAE: The Abu Dhabi Global Market (ADGM)’s Financial Services Regulatory Authority (FSRA) has finalized a regulatory framework governing the staking of virtual assets, setting out the categories of authorized persons permitted to undertake staking activities using clients’ virtual assets and the applicable requirements for such activities. The framework follows industry engagement and feedback on Consultation Paper No. 10 of 2025 and includes expanded scope to cover non-proof of stake models with materially similar characteristics, restrictions limiting rewards to accepted virtual assets and accepted fiat-referenced tokens, and enhanced requirements on client disclosures, reporting obligations and prescribed key terms. The FSRA stated that the amendments are intended to provide greater regulatory clarity in response to market developments.
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