Qatar to implement encryption framework by end of 2024

Henk Jan Hoogendoorn, head of the financial services department of Qatar Financial Center (QFC), said that Qatar has established a solid framework for tokenizing various real-world assets, including securities, debt capital market tools, investments, Islamic bonds, and other asset categories. The framework is expected to be completed and issued in the fourth quarter of this year. In addition, QFC has recently established a digital asset laboratory to encourage innovation and research in the financial and digital asset fields.