INSUBCONTINENT EXCLUSIVE:
(VASPs) operating in the region
enhanced supervisory mechanisms and brought consistency across activity-based rules
offerings (STOs), an earlier attempt from the crypto space to tokenize securities like stocks, bonds and real estate investment trusts
situation is different for RWAs
Heaver told Cointelegraph that RWAs are the next foundational layer for institutional adoption of blockchain and virtual assets
defined under Dubai law as representing direct or indirect ownership of real-world assets, granting entitlement to receive or share income
meet specific requirements, including a Category 1 Virtual Asset Issuance license, a comprehensive white paper and a risk disclosure
abandons it to institutions: Sky Wee
