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Qatar’s QFC Rolls Out 2024 Digital Assets Framework

Tags: digital
DATE POSTED:September 3, 2024

The post Qatar’s QFC Rolls Out 2024 Digital Assets Framework appeared first on Coinpedia Fintech News

The Qatar Financial Centre (QFC) in Doha has introduced its Digital Assets Framework 2024, inviting local and international companies to apply for licenses as token service providers. Launched on September 1, the framework establishes a legal and regulatory foundation for digital assets, covering tokenization, custody, transfer, exchange, and smart contracts. This initiative, developed with input from 37 industry organizations, aligns with Qatar’s digital transformation goals under the Third National Development Strategy and Qatar National Vision 2030. It aims to create a secure, transparent digital asset ecosystem within the QFC.

Tags: digital