Dubai International Financial Center (DIFC) announced major legal developments such as pioneering digital asset law, comprehensive security law and amendments to existing legal regulations. DIFC's legal reforms have been strategically designed to align with the rapid evolution seen in the global trade and financial sectors. These changes aim to provide legal clarity for investors and users regarding digital assets.

The newly introduced Digital Assets Act covers seven pages with annexes that signal a comprehensive approach to regulating digital assets. Additionally, the Security Act 2024, which overrides the 2005 law and the 2019 update, provides a robust framework integrating the Financial Collateral Regulations. DIFC is improving cryptocurrency regulations in 2022 and launching incentives for AI and Web3 companies in 2023.