Odaily Planet Daily News: The Qatar Financial Center (QFC) recently released a comprehensive digital asset supervision and creation framework. The framework includes the tokenization process and the legal recognition of the property rights, custody arrangements, transfers and exchanges of tokens and underlying assets. In addition, the framework also provides for the legal recognition of smart contracts. Like the United Arab Emirates' free economic zones that operate independently of the mainland, the QFC has a legal, regulatory, tax and business framework independent of the rest of Qatar, which allows foreign investment up to 100% of the equity and allows 100% of the profits to be repatriated. (Cointelegraph)