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Oman To Establish Regulatory Framework for Virtual Assets

The Capital Market Authority (CMA), the regulator of Oman’s financial markets, looks to establish a new regulatory framework for the virtual asset industry in the Sultanate.

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.”

Hong Kong Regulator Wants to Beef Up Its Staff Covering Virtual Assets

Hong Kong's Securities and Futures Commission (SFC) wants to expand the team handling virtual assets as the city seeks to become a crypto hub.