‹ Guidance on Regulation of Digital Securities Activities in ADGM [24 February 2020] 1. Introduction › 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 Innovation Regulatory treatment of tokens deemed to be Securities Tokens not deemed to be Digital Securities 4. Virtual Assets Derivatives of Virtual Assets 5. SUMMARY ‹ Guidance on Regulation of Digital Securities Activities in ADGM [24 February 2020] 1. Introduction ›