ADGM FSRA Unveils Key Updates to its Virtual Asset Staking Regulations at ADFW 2025

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has announced a series of significant enhancements to its digital asset regulatory framework at the ninth edition of Fintech Abu Dhabi, held during Abu Dhabi Finance Week (ADFW). The updates further reinforce ADGM’s position as a global leader in regulated digital asset innovation.

Since launching one of the world’s first comprehensive regulatory regimes for virtual assets (VAs) in 2018, ADGM has continued to refine and expand its oversight of the sector. Today, ADGM hosts more than 20 regulated digital asset firms licensed to operate across brokerage, custody, exchanges, asset management, and fiat-referenced token (FRT) issuance.

Framework Updates Target Virtual Assets and Market Stability

Following extensive industry consultation, the FSRA has introduced updates to its VA framework aimed at refining the process for accepting digital tokens as Accepted Virtual Assets (AVAs) within ADGM. These adjustments enhance clarity around eligibility standards while maintaining ADGM’s commitment to market integrity and investor protection.

Additional changes include revisions to capital requirements and regulatory fees for VA firms, the introduction of specific product intervention powers for virtual assets, and an expansion of the permitted investment scope for Venture Capital Funds. Collectively, the updates mark a significant milestone in the evolution of ADGM’s regulatory environment, balancing innovation with operational resilience.

Proposed Regulatory Framework for Digital Asset Staking

Recognising the increasing role of staking within the global digital asset ecosystem, the FSRA published a proposed regulatory framework for virtual asset staking in September 2025. The consultation outlines which categories of authorised firms would be permitted to conduct staking activities on behalf of clients using their virtual assets.

Industry feedback on the proposal remains under review as the regulator considers final policy direction for this fast-growing segment of the market.

Finalised Rules for Fiat-Referenced Tokens Take Effect in 2026

Building on ADGM’s earlier Fiat-Referenced Token issuance framework introduced in December 2024, the FSRA finalised regulatory amendments in October 2025 that formalise the process for accepting FRTs for use within ADGM.

Effective 1 January 2026, the enhanced framework expands the scope of regulated activities that may be conducted using FRTs and introduces tailored rules addressing new FRT business models. The approach applies risk-based and proportionate regulatory requirements, ensuring adequate oversight while enabling innovation in tokenised payment and settlement services.

FSRA: Balancing Innovation with Global Regulatory Standards

Emmanuel Givanakis, CEO of the FSRA of ADGM, underscored the authority’s forward-looking regulatory strategy:

“The FSRA continues to enhance its digital asset regulatory framework to remain forward-looking and responsive to the next wave of financial innovation, including tokenisation, DeFi, and AI-driven market participation. Our approach balances innovation with strong governance, risk-based supervision, and alignment with global standards. We are committed to enabling digital asset firms to scale within a well-regulated international financial centre that prioritises transparency, resilience, and long-term stability.”

Positioning ADGM for the Next Phase of Digital Finance

With continuous regulatory upgrades across virtual assets, staking services, venture capital, and fiat-referenced token activity, ADGM is positioning itself as a stable, scalable jurisdiction for the next phase of institutional digital asset growth.

As global regulators move toward clearer oversight frameworks, ADGM’s proactive regulatory development strengthens its standing as a hub where digital asset firms can operate within internationally respected standards while pursuing innovation across tokenisation, decentralised finance, and emerging financial technologies.