ICOs To Be Allowed As Corporate Funding Programs In The Emirates.

Home / ICOs To Be Allowed As Corporate Funding Programs In The Emirates.

The U.A.E.  planning to enter new rules that would allow ICOs as a fundraising method for domestic companies. It is reported, that due to new rules firms would have an opportunity to raise capital via crypto token sales already in 2019. It is also indicated, that besides providing a legal basis for ICOs, there also might be a new law to increase the number of IPOs by allowing family owners to sell up to 100% of firms under their control.

Leave a Reply

Your email address will not be published.