Articles

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

Coining Stability: ADGM Opens Doors for Stablecoin Issuance

Key takeaways ADGM has amended the Financial Services and Markets Regulations 2015 to regulate Fiat-Referenced Tokens. Issuing FRTs is now a regulated activity requiring Category

We Can DAO It! Navigating Legal Challenges and Solutions for Decentralised Autonomous Organisations

KEY TAKEAWAYS The Andrew Samuels v. Lido DAOcase highlights the risk of DAO participants being held personally liable under state partnership laws. Unincorporated DAOs are exposed

Shanghai Court recognises the Legality of Crypto Ownership for Individuals

KEY TAKEAWAYS Shanghai court recognises cryptocurrencies as legal property, allowing individuals to hold, buy, and sell digital assets like Bitcoin. Crypto-related business

Navigating the Rise of Crypto Cards: Legal Regulations and Implications

This article has been written jointly by the teams at TLP Advisors and OL Consulting. Key Takeaways: The rise of crypto payment cards, such as Revolut’s virtual card, enables users