UAE Crypto Regulations

The United Arab Emirates is a federation of seven emirates along the eastern coastlines of the Arab Peninsula. It is a major regional hub of trade, with leading investments into new technology, and is seeking to become a leading player in the blockchain space. There are comprehensive regulations in the UAE governing crypto asset activities.

It would be pertinent to mention here that crypto-related activities, both from the region’s public authorities and crypto businesses willing to set up establishments in the area, are in full swing.

The United Arab Emirates launched a comprehensive Blockchain Strategy in 2021. The strategy declared conducting 50% of government transactions through blockchain, starting from that very year.

Link to the report: https://www.linkedin.com/posts/dataton-analytics_uae-crypto-regulations-2022-activity-6963020594766319616-eptu

#blockchain #technology #uae #regulatory #adgm #vara

DataTON Analytics is not liable for any changes in assumptions and updates to this document in the case of new facts or circumstances occurring after the date of the report.