Amman: The Central Bank of Jordan (CBJ), in partnership with the Arab Monetary Fund, convened a high-level workshop on virtual assets during the Jordan Fintech Festival 2025, underscoring the Kingdom's early recognition of the opportunities and risks posed by the fast-evolving sector.

According to Jordan News Agency, the event brought together regulators, law enforcement bodies, and leading financial institutions to discuss how to balance innovation with financial stability. Central Bank Governor Adel Al-Sharkas highlighted that virtual assets have become a global priority on economic and regulatory agendas, pointing out risks linked to money laundering, terrorism financing, consumer protection, and financial system resilience.

He mentioned Jordan's recent adoption of a Virtual Assets Law as the foundation of a comprehensive framework aligned with international best practices, and noted that draft regulations are being prepared to guide its implementation. Al-Sharkas emphasized the importance of collaboration between regulators, financial institutions, fintechs, and entrepreneurs, stating that the workshop provided an essential platform for exchanging knowledge, sharing international experiences, and strengthening dialogue among policymakers, experts, and investors.

Arab Monetary Fund Director General Dr. Fahad bin Mohammed Al-Turki stressed the region's need to adapt to rapid developments in digital finance, such as distributed ledger technology (DLT), smart contracts, decentralized finance (DeFi), and artificial intelligence. He noted that regulators worldwide are updating supervisory frameworks and deploying digital oversight tools to keep pace with innovation.

The workshop concluded with calls to deepen cooperation among regulators, financial institutions, and international partners. Participants emphasized that enhanced collaboration would build trust, accelerate digital transformation, and open new investment opportunities for both Arab and global economies.