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UAE approves plan to regulate ICOs


xtinepink

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The UAE  Securities and Commodities Authority (SCA) Chairman Sultan bin Saeed Al Mansouri said that it is approving and regulating coin offerings (ICOs) and it will be recognized those tokens as Securities. 

Although the SCA warned investors about the risks of investing in icos. 

This is just one of a great move from UAE, As we all know that as of now US Sec are still having a debate about this matter. 

We hope to see great things for crypto at the end of the year. 

What are your thoughts?

 

source: 

https://news.bitcoin.com/uae-securities-watchdog-approves-plan-to-regulate-icos/

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