Global Perspectives

Qatar has expanded its national HIMYAN payment card to Bahrain, strengthening payment sovereignty while advancing regional digital payment connectivity under the country's broader financial sector modernization strategy.

VARA’s new AML/CFT Business Risk Assessment Guidance provides licensed virtual asset service providers with a practical roadmap for strengthening governance, risk management, and compliance, reinforcing Dubai’s position as a leading regulated digital asset hub.

Japan has approved landmark legislation to regulate cryptocurrencies under its Financial Instruments and Exchange Act, introducing lower taxes, stronger market safeguards, and a framework that supports the growth of institutional digital asset markets.

Vietnam’s Ministry of Finance has proposed allowing SMEs to pledge digital assets, virtual assets, and intellectual property as loan collateral, marking a significant step toward modernizing credit access and supporting the country’s digital economy.