Oman

On February 16, the Oman Capital Market Authority, the financial market regulator of Oman, said that it planned to establish a virtual asset framework to “regulate and develop the virtual asset market of the Sultanate of Oman”. Interpretation of this information: The Oman Capital Market Authority announced on February 16 that it has plans to create a regulatory framework for virtual assets in Oman. Despite the fact that virtual assets are not currently recognized as legal currency in Oman, the regulator recognizes their potential and wants to make sure that…