The Qatar Financial Centre in Doha has introduced a comprehensive framework for digital assets, developed by the Qatar Financial Centre Authority and Qatar Financial Centre Regulatory Authority. The new regulations cover tokenization, property rights in tokens, custody, transfer, exchange, and legal recognition of smart contracts.  Operating independently from mainland Qatar, the QFC offers up to 100% foreign ownership and a 10% corporate tax rate on local profits.  The framework aligns with Qatar’s Third Financial Sector Strategy to enhance digital transformation, involving collaboration with 37 organizations and fostering over 20 startups since October 2023. Source: Cointelegraph