pc
nid 92292
Apr 30, 2026
kgurnani@vixio.com
Abu Dhabi
Abu Dhabi Global Market (ADGM)
financial services
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1666 charsAbu Dhabi Global Market's Financial Services Regulatory Authority Updates Rulebooks on Staking
On 29 April 2026, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) published updated rulebooks governing staking activities within its jurisdiction.
In accordance with Part 2 of the Financial Services and Markets Regulations 2015, the FSRA made three rulebook amendments effective on 29 April 2026. These comprise updates to the Conduct of Business Rulebook (COBS_VER23.290426), the Funds Rulebook (FUNDS_VER12.290426), and the Glossary Rulebook (GLO_VER27.290426). The amendments address regulatory requirements specific to staking services and related conduct obligations for financial services firms operating within the ADGM.
The updated rulebooks establish the regulatory framework governing staking activities, including conduct of business standards applicable to firms offering staking services and requirements for funds engaged in staking arrangements. The Glossary Rulebook amendments provide updated definitions and terminology relevant to the staking regulatory regime.
These rulebook updates apply to all financial services firms licensed or operating within the ADGM that engage in staking-related activities. The amendments came into effect on 29 April 2026 and represent the FSRA's formal regulatory response to staking as an emerging financial services activity within the ADGM's jurisdiction.
The updated rulebooks are available on the ADGM Legal Framework portal, with detailed amendments outlined in the appendices accompanying each rulebook version.
**Reference:**
Abu Dhabi Global Market, Financial Services Regulatory Authority, 29 April – FSRA Rules (Staking), available at: https://www.adgm.com/
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1665 charsAbu Dhabi Global Market's Financial Services Regulatory Authority Updates Rulebooks on Staking
On 29 April 2026, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) published updated rulebooks governing staking activities within its jurisdiction. In accordance with Part 2 of the Financial Services and Markets Regulations 2015, the FSRA made three rulebook amendments effective on 29 April 2026.
The amendments address regulatory requirements specific to staking services and related conduct obligations for financial services firms operating within the ADGM.
Key amendments are:
Staking is explicitly regulated
Staking of virtual assets is formally recognised as a regulated activity under ADGM rules. Firms cannot offer staking services unless authorised under FSRA permissions. The rules also clarify that staking includes validator participation, delegated staking on behalf of clients, and any arrangement where firms generate yield from locking client assets. Only Accepted Virtual Assets (AVAs) can be used for staking in regulated activities and firms must still meet AVA assessment criteria before offering staking.
2. Client asset protection heightened
Firms offering staking must clearly segregate client assets, maintain ownership clarity, and disclose risks of slashing, lock-up periods, illiquidity.
3. Disclosure and transparency obligations enhanced
Firms must provide a clear explanation of how rewards are generated, fee structures, validator selection process, and ongoing reporting on staking performance.
4. Prudential and risk management expectations made clear
Staking providers must implement operational risk controls, technology risk management, and governance over validator selection.