Category: Oman

In 2024, Oman’s approach to cryptocurrency legislation demonstrates a cautious yet evolving stance, reflecting its broader strategy of economic diversification and technological advancement. Situated on the southeastern coast of the Arabian Peninsula, Oman is navigating the complex and rapidly changing world of digital currencies, balancing the potential benefits with...

Prior to 2024, Oman’s approach to cryptocurrency regulation was evolving to adapt to the growing interest in digital assets among its residents. The Sultanate’s financial market regulator, the Capital Market Authority (CMA), undertook significant steps to establish a regulatory framework for virtual assets. Emerging Regulatory Framework Capital Market Authority’s...