Oman to Introduce Regulations for Virtual Assets - Coinleaks
Current Date:September 21, 2024

Oman to Introduce Regulations for Virtual Assets

Oman’s financial market regulator, the Capital Markets Authority ( CMA), stated that regulations for virtual assets are coming.

The Central Bank of Oman continues its warnings about digital assets. CMA emphasized the future of new regulations on behalf of virtual assets. In light of the press release made on 14 February, virtual assets surveillanceAnd licence with processfor regulationswas stated to be added.

Oman Central Bank Speaks About Arrangements To Be Made

Central Bank of Oman ( CBO ), referred to the country’s crypto currency data with his statements. local people percentage 62of the LONG term investment, percentage 25part of education purposethe rest is daily crypto- money in the trade reported using it. Oman’s Central Bank announced in October digital to assets the one which… your opinionexpressed it as follows;

“Users trading in digital assets need to be wary of scams. License applications for cryptocurrency trading have not yet started. Banks and investors should proceed cautiously for digital asset activities.”

Regarding the upcoming regulations, the CBO emphasized “Digital assets and cryptocurrencies, tokens, crypto-related exchange services, initial coin offering”.