October 10, 2024

TLP Advisors Founder Quoted in FTI Consulting’s Paper on Digital Assets in the Middle East

We are pleased to share that Soham Panchamiya, founder of TLP Advisors, was quoted in FTI Consulting’s latest report, “Understanding Digital Assets in the Middle East: Part II.”

In the report, Soham provided valuable insights on the regulatory landscape in the UAE, stating:

The inter-relationship between the SCA and VARA is an example of inter-regulator cooperation, which is a hallmark of common practices in the UAE. VARA is set up to be a specialised regulator and the delegation of authority from the SCA is a sign of the seriousness with which the UAE government treats virtual assets. By understanding the pivotal role that digital assets are likely to play in the years to come, the UAE has set itself up to become a centre of best practice for the regulation and implementation of web3.”

This report is part of an ongoing series on digital assets and focuses on significant developments across the UAE. It provides insights into the country’s regulatory approach, outlining the role of key authorities.

Soham’s contribution reflects the firm’s commitment to staying at the forefront of regulatory and strategic developments in the digital assets space.

We invite you to explore the report further to gain valuable insights into the evolving digital asset landscape in the UAE.

The full report is available for download here.

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TLP Advisors is a dynamic and forward-thinking consulting, strategy and law firm specialising in providing cutting-edge solutions to our diverse clientele. With our roots deeply embedded in financial services, gaming, web3, and emerging tech, we offer unparalleled knowledge and support tailored to these rapidly evolving sectors’ unique challenges and opportunities.

TLP Advisors has consistently been the firm of choice for L1 chains, DeFi protocols, gaming companies, fintech and payment companies, foundations, funds, and investors. We have built a reputation for excellence through frequent collaborations with regulators, funds, and technology incubators. Our deep understanding of the intricate regulatory landscapes and industry dynamics allows us to provide strategic guidance and innovative solutions that empower our clients to navigate complex challenges and seize emerging opportunities.

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