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Dubai Securities and Commodities Authority (SCA) Digital Assets

Awatif Mohammad Shoqi Advocates & Legal...

What are the Cryptocurrency Regulations in Dubai?

In recent years, the global economy has witnessed the popularity and adoption of cryptocurrencies, with Dubai emerging as a notable player in this digital financial landscape. As the market for virtual assets continues to...more

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Virtual Asset Regulators in the UAE: A comparison of the different licensing frameworks

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In recent years, regulators within the United Arab Emirates (the UAE) have worked to foster an environment for the sustainable growth of the UAE virtual asset sector through the enactment of several regulatory measures...more

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Dubai moves to become a global hub for digital assets: A first look at the Dubai Virtual Assets Law

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On 28 February 2022, the Ruler of Dubai issued Law No.4 of 2022 on the Regulation of Virtual Assets (the "DVAL") in Dubai, which came into effect on 11 March 2022. The DVAL is the first law in Dubai, which specifically...more

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