Crypto in the Spotlight as Adgm unveils next wave of digital asset regulations
The Abu Dhabi Global Market (ADGM) has launched a new round of renewal of its digital asset management framework, as well as financial services regulatory framework (FSRA) aimed at strengthening oversight in the rapidly growing sector.
The announcements were made during Fintech Abu Dhabi’s Abu Dhabi finance week, where Adgm is positioning the enhancements as the latest step in its long-running effort to establish itself as a digital asset leader.
ADGM has dominated virtual goods since 2018, becoming one of the first festivals to introduce a bespoke framework for the sector. Its ecosystem has grown to include more than 20 regulated firms to conduct operations involving real estate or documented tokens, from asset managers to token builders.
The Adgm extends the rules of physical property
Following Industry consultation, the FSRA has now reversed several areas of its physical property framework. Adjustments include changes in the asset classification process as Adgm assets are received, revised funding requirements and follow-on Venture Capital investment funds.
The FSRA said the moves mark an important stage in the ongoing evolution of its regulatory authority.
Cleaning, the fastest growing activity in digital marketing, is also being reviewed. In September 2025, the FSRA issued a consultation paper outlining a proposed approach to asset management, including which authorized firms can carry out withdrawals using client assets. Feedback is now checked before any final campaign.
The regulator is also developing its own version of Fiat-Refenced tokens. Building on the rules introduced in December 2024, the FSRA finalized amendments in October this year that specify how these tokens can be accepted for use within Adgm.
Effective 1 January 2026, the revised rules expand the scope of regulated activities that can include fiat tokens and emerging business models, while applying risk-based requirements.
Emmanuel Givanakis, CEO of FSRA, said the latest updates are designed to ensure ADGM remains at the forefront of regulatory developments. “The FSRA continues to develop its Digital Assert Framework to stay ahead of the curve and respond to the next wave of strong governance, harmonizing financial standards. Sustainability and long-term sustainability.”
