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Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework

The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform for issuers and investors while mitigating the risks associated with this asset class.”

(By Terence Zimwara)

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