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Lawyers in Abu Dhabi
02 Feb 2022

NFTs and Intellectual Property

NFTs and Intellectual Property Non-fungible Tokens (NFTs) have been extremely popular recently, following the significance garnered with the cryptocurrency community in 2017, with some selling for substantial amounts at auctions. They possess multiple uses, from the ability to enhance innovation as well as generate significant proceeds for both creators and…

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Lawyers in Dubai
05 Jan 2022

Crypto Asset Regulation in the UAE

Crypto Asset Regulation in the UAE - A Guide The sphere of crypto assets is continuously evolving in all spheres in the global area. The terminology is simultaneously advancing with terms such as crypto assets, cryptocurrencies, security tokens, etc. The regulation of these crypto-assets is a matter of frequent discussion…

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Lawyers in Abu Dhabi
05 Dec 2021

DFSA New Regulations on Investment Tokens

DFSA’s new regulations on Investment Tokens In a few decades, technologies have had the most significant impact on the life of people. It's not because of social media, drones & robotics, the Internet of Things, machine learning. Still, the changes are happening due to the underlying technology of digital currencies…

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Criminal Lawyers in Dubai
30 Sep 2021

Economic and Fraud Provisions in Middle East

Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…

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Lawyers in Dubai
27 Sep 2021

Electronic Contracting Law in E-commerce

Electronic Contracting Law in E-commerce Introduction to Contract Law A contract is a legally binding force between two entities, companies, or parties that link the parties in a contract protected by law. An agreement between the parties may be made orally, in writing, in action, or any of these ways.…

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Lawyers in Abu Dhabi
08 Aug 2021

Establishing NFT's Marketplace in the UAE

Guide to Establishing NFT's Marketplace in the UAE Introduction to NFTs Simply put, an NFT is a non-fungible token. “Non-fungible” basically implies that it's one-of-a-kind and can't be substituted with anything else. A bitcoin, for example, is fungible, meaning you can exchange one for another and get precisely the identical item.…

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Data security Laws in UAE
08 Jul 2021

Explaining Cryptocurrency Ransomware Problem

Explaining Cryptocurrency's Ransomware Problem (USA) Introduction A hacker gains access to a company's computer system and encrypts its data, effectively halting operations. The data is then held captive by the hacker until a ransom is paid. If the demand is for Bitcoin or another cryptocurrency, the victim must open a cryptocurrency…

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Lawyers in Dubai
04 Jul 2021

Bitcoin & Altcoin Mining

Bitcoin & Altcoin Mining What is Bitcoin Mining? Bitcoin mining is the technique of digitally adding transaction data to the blockchain, which would be a publicly distributed database that contains the background of every bitcoin transaction. Mining is a record-keeping procedure that utilizes massive processing power. Each Bitcoin miner across…

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Law Firms in Dubai
03 Jun 2021

E Gaming its Overarching Legality in UAE

E Gaming and its Overarching Legality in the UAE The term "e-Gaming" refers to the entire computer gaming market, which includes everything from video game consoles to PC and smartphone games, as well as internet entertainment platforms and the eSports industry. Likewise, first-person shooter (FPS), multiplayer online battle arena (MOBA),…

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Lawyers in Dubai
25 Apr 2021

Brief Overview of NFTS

Brief Overview of Non-Fungible Tokens (NFTs) Introduction Blockchain technology has been growing immensely over the past decade. This explosion urges us to delve deep into the different available options with regards to crypto investment. NFTs are a fairly nascent concept but are rapidly growing therefore, it is imperative for us…

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Lawyers in Abu Dhabi
03 Mar 2021

Smart Contracts and Blockchains

Smart Contracts and Blockchains Smart Contracts, the anchored scripts on blockchains, permit the transparent execution of predefined processes. Using smart contracts, assets like money become programmable, which opens up previously inaccessible application potential. Smart contracts are exceptionally effective and control billions in value. Popular now, however, invented in 1994, when…

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Financial Lawyers in Dubai
15 Feb 2021

Establishing Policies for Blockchain Technology

Establishing Policies for Blockchain Technology Introduction Blockchain can be considered as a breakaway technology and is currently a hot topic that has been the subject of numerous studies across various industries. Blockchain is briefly defined as a shared ledger database that records and shares every transaction that occurs in the…

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banking lawyers in Dubai
09 Jan 2021

Offering Crypto-Assets in UAE

Regulations for Issuing and Offering Crypto-Assets in UAE (ICARs) Introduction  Over the past decade, the financial technology market has evolved substantially. With the introduction of cryptocurrencies, policymaker and framers of legislations find the need to implement legislation that will help regulate this growing market. Since cryptocurrencies operate beyond the banking…

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Lawyers in Abu Dhabi
06 Dec 2020

Crypto Asset Exchange – Bahrain

Crypto Asset Exchange – Bahrain Introduction Cryptocurrencies gained traction all across the world since its inception, considering this growth in popularity and use, industry experts, praise its potential. This digital currency went from being a mere concept to virtual reality. In the Gulf Region, Bahrain and Abu Dhabi are a…

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