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Add as a preferred source on GoogleADGM Classifies Crypto Mining as a Licensable Commercial Activity
The technology-neutral guidance includes proof-of-work and proof-of-stake systems and took effect upon publication.
Abu Dhabi Global Market (ADGM), a financial center in the United Arab Emirates, has classified crypto mining as a licensable commercial activity, placing it under the center’s licensing framework.
The guidance takes a technology-neutral approach and includes proof-of-work and proof-of-stake systems. ADGM’s Registration Authority oversees commercial-activity licensing within the financial center. The framework became effective when published.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.