Articles

UK’s New Staking Approach: Exemption of Crypto Staking from CIS Regulations

KEY TAKEAWAYS The UK Treasury has amended the FSMA to exempt “qualifying crypto asset staking” from CIS regulations, effective 31 January 2025. Staking will no longer be classified as

The Closing Act of 2024: South Korea’s AI Basic Act

Key Takeaways South Korea passed its AI Act, a comprehensive framework for AI regulation, effective January 2026. The Act aligns with the EU AI Act, adopting a similar risk-based

From Chain to Claims: UK to put Crypto in Property Basket

KEY HIGHLIGHTS  The UK Law Commission’s 2024 Property Bill proposes recognising digital assets, such as cryptocurrencies and NFTs, as personal property. The Bill introduces a third

Guarding against Hacks: UAE’s Cybersecurity Regulations Protecting Virtual Asset Companies and Customers

KEY TAKEAWAYS VARA and SCA establish stringent cybersecurity requirements, positioning the country as a global leader in safeguarding virtual asset companies. VARA mandates

Building the Digital Economy: UAE Free Zones for Virtual Asset Companies

KEY TAKEAWAYS The UAE has become a global hub for virtual asset companies, offering a progressive regulatory framework, strategic location, and business-friendly environment. Key

A New Block in the Chain: Exploring ADGM’s Transformative Consultation Paper

KEY TAKEAWAYS The Abu Dhabi Global Market (ADGM) introduced Consultation Paper 11 of 2024, proposing significant amendments to its Virtual Assets framework to address risks and promote

DeFi Triumphs: Court Strikes Down SEC’s Overreaching Dealer Rule

Please note: TLP Advisors is not a regulated firm or service provider within the territory of the United States of America. As such, the below should be read for informational purposes only.

Dubai Court Ruling on Crypto Trading: What Is and Isn’t Prop Trading

KEY TAKEAWAYS In Case 452/2024 (Criminal Cassation), the Dubai court clarified the distinction between personal and commercial cryptocurrency trading activities. Personal trading

UAE’s Newest Corporate Tax Law: ‘Auditing’ the Effects on Small Enterprises 

KEY TAKEAWAYS The UAE Ministry of Finance will implement the Domestic Minimum Top-up Tax (DMTT) at a 15% rate starting 1 January 2025, targeting large multinational enterprises (MNEs)

UAE’s Groundbreaking Approval of AE Coin: A New Era for Dirham-Backed Stablecoins

KEY HIGHLIGHTS: AE Coin is pegged 1:1 with the UAE Dirham, and it is the first stablecoin to receive full approval from the CBUAE. Fully backed by reserves in the UAE, AE Coin