United Arab Emirates: Virtual Assets and Related Activities Regulations 2023
Progress
Current status
adopted
07 Feb 2023 adopted
Scope
Implementers
United Arab Emirates
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Issued Virtual Assets and Related Activities Regulations 2023
On 7 February 2023, Dubai’s Virtual Asset Regulatory Authority (VARA) published the “Virtual Assets and Related Activities Regulations 2023”. The Regulations establish the regulatory framework applicable to virtual assets and all related activities …
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
other regulatory body