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Qatar Launches 2024 Digital Assets Framework

3rd September 2024, Wyoming

Qatar just dropped its 2024 Digital Assets Framework, aiming to build a secure and transparent crypto ecosystem. The Qatar Financial Centre (QFC) wants this move to attract both local and global players, setting the stage for a booming financial services sector.

Governor Sheikh Bandar Al Thani called it a big step toward their Third Financial Sector Strategic Plan. Yousuf Mohamed Al-Jaida, QFC’s CEO, hopes this clear, new framework will bring in more fintech and startups. Already, 20+ companies have joined since launching their Digital Assets Lab last year.

Now, companies can apply for licenses to provide token services. Qatar is ready to make waves in the digital finance world!

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Published by

Deepshova

Deepshove is a crypto journalist at Bitmala, covering blockchain and cryptocurrency news with a focus on web3 trends and developments.

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