The Registration Authority of Abu Dhabi Global Market (ADGM) issued a consultation paper to explain the proposed Distributed Ledger Technology Foundations Regulations 2023.
Key proposals for the Regulations cover: the structure of the DLT Foundations; governance and control; tokens; reporting, disclosures and publication; beneficial ownership; supervision; insolvency and liquidation / voluntary strike off.
Deadline for comments is 12 May 2023.