The UAE Securities and Commodities Authority (SCA) has invited comments on draft regulations on securities contracts and commodity tokens until February 14, 2025.
The UAE authority noted that securities tokens include stock tokens, bond tokens and sukuk tokens, while commodity tokens include gold tokens, oil tokens, #etc .
It is noted that both security tokens and commodity tokens are built on the blockchain/DLT platform, with security tokens representing financial or tangible assets and commod
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Sure, here's a condensed version: 's SCA proposes regulating security & commodity tokens.
The UAE Securities and Commodities Authority (SCA) has invited comments on draft regulations on securities contracts and commodity tokens until February 14, 2025.
The UAE authority noted that securities tokens include stock tokens, bond tokens and sukuk tokens, while commodity tokens include gold tokens, oil tokens, #etc . It is noted that both security tokens and commodity tokens are built on the blockchain/DLT platform, with security tokens representing financial or tangible assets and commod