‹ 5. Disclosures Guidance on Regulation of Digital Securities Activities in ADGM [24 February 2020] › Digital Securities Guidance on Regulation of Digital Securities Activities in ADGM [24 February 2020] Guidance on Regulation of Digital Security Offerings and Virtual Assets under the Financial Services and Markets Regulations [24 February 2020] 1. Introduction 2. Background 3. Initial Coin Offerings Regulatory treatment of tokens deemed to be Securities Tokens not deemed to be Digital Securities 4. Virtual Assets 5. SUMMARY Guidance on Regulation of Virtual Asset Activities in ADGM [24 February 2020] ‹ 5. Disclosures Guidance on Regulation of Digital Securities Activities in ADGM [24 February 2020] ›