The Qatar Financial Centre (QFC) has unveiled its Digital Assets Framework 2024, a significant regulatory development for the digital asset sector. This new framework allows companies to apply for token service provider licenses, signaling a structured approach to digital asset management in Qatar. However, despite this regulatory advancement, the broader market outlook remains pessimistic. The global regulatory environment continues to tighten, and market volatility persists, casting a shadow over the potential growth of digital assets. This development in Qatar, while notable, may not be sufficient to counteract the prevailing negative sentiment in the industry.