The Capital Market Authority (CMA), which regulates and develops the Sultanate's financial markets for the capital market and insurance sectors, has announced its plans to establish a comprehensive and facilitative regulatory framework for Virtual Assets (VA) and Virtual Asset Service Providers (VASP). This important initiative highlights Oman's growing recognition and proactive approach to the digital assets and fintech industry. Our team at SASLO are honored to have been appointed as the legal advisor to the CMA in this significant initiative.
"The expertise of our international lawyers is particularly important where there is no precedent in Oman and we need to look to overseas structures for guidance. It is this special relationship between our local and international lawyers that distinguishes us from our competitors and allows us to deliver practical and optimal solutions."
Said Al Shahry
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