Oman to establish regulatory framework for virtual assets By Cointelegraph
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The Capital Market Authority (CMA), Oman’s financial markets regulator, looks to establish a new regulatory framework for the virtual asset industry in the Sultanate.
According to a Feb. 14 press release, the new rules would include oversight of virtual asset activities, a licensing process for virtual asset service providers (VASPs), and a framework to identify and mitigate risks surrounding the new asset class. The announcement reads:
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The Capital Market Authority (CMA), Oman’s financial markets regulator, looks to establish a new regulatory framework for the virtual asset industry in the Sultanate.
According to a Feb. 14 press release, the new rules would include oversight of virtual asset activities, a licensing process for virtual asset service providers (VASPs), and a framework to identify and mitigate risks surrounding the new asset class. The announcement reads:
Continue Reading on Coin Telegraph
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