Crypto licenses in UAE

6 January, 2022

Categories: UAE

To operate a legal business with crypto currencies, you need to obtain a crypto license in the UAE.It can be used for providing crypto-related services to customers, such as storing their coins.

Getting a license for cryptocurrency in Dubai requires filing an application to the DMCC.It should be noted that this license doesn’t allow the launch of an ICO or register a crypto exchange.

However, it doesn’t mean that exchanges and ICOs are illegal in the UAE.The main point here is how to arrange such activities well to overcome possible difficulties.We will discuss that in detail later.s in UAE

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