United Arab Emirates: Issued Joint Guidance on Combating the Use of Unlicensed Virtual Asset Providers in the United Arab Emirates

Description

Issued Joint Guidance on Combating the Use of Unlicensed Virtual Asset Providers in the United Arab Emirates

On 6 November 2023, the Central Bank of the United Arab Emirates, the Securities and Commodities Authority, the Dubai Financial Services Regulatory Authority, the Financial Services Regulatory Authority of Abu Dhabi Global Market, the Virtual Assets…

Scope

Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank

Complete timeline of this policy change

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2023-11-06
adopted

On 6 November 2023, the Central Bank of the United Arab Emirates, the Securities and Commodities Au…