#BlockchainNews# The Dubai Financial Services Authority (DFSA) is actively promoting the formulation of digital asset laws and is concerned about cross-border regulatory issues. According to Jacques Visser, Director of Legal Affairs, Dubai is one of the first jurisdictions to propose a "Statement of Basic Principles for Defining What Digital Assets Are" and is currently studying a three-year digital asset plan by the UK Law Commission. Ken Coghill, Director of Innovation and Technology Risk Regulation, said that Dubai's regulators will listen to and refer to industry opinions, review existing regulations, promote regulatory progress, and establish more realistic and effective regulations. What do you think? Welcome to leave a message in the comment area to discuss! 👇