ADGM Classifies Crypto Mining as a Licensable Commercial Activity

Abu Dhabi Global Market (ADGM), a financial center in the United Arab Emirates, has classified crypto mining as a licensable commercial activity, placing it under the center’s licensing framework. The guidance takes a technology-neutral approach and includes proof-of-work and proof-of-stake systems. ADGM’s Registration Authority oversees commercial-activity licensing within the financial center. The framework became effective when published. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.