The UAE, particularly Dubai, has positioned itself as a major global crypto hub through the establishment of the Virtual Assets Regulatory Authority (VARA). Law No. 4 of 2022 provides a comprehensive framework for regulating virtual assets across Dubai (excluding DIFC). VARA issues licenses for exchanges, custodians, brokers, and other virtual asset service providers. The regulatory approach is progressive and business-friendly while maintaining high compliance standards. Abu Dhabi's ADGM also operates its own crypto regulatory framework. The UAE offers tax advantages, modern infrastructure, and clear regulatory pathways, attracting major crypto companies and exchanges to establish regional headquarters.

Regulatory Authority: VARA (Dubai), ADGM (Abu Dhabi), SCA (federal level). Legal Framework: Law No. 4 of 2022 for Dubai; separate ADGM framework. Licensing: Comprehensive VASP licensing through VARA or ADGM. Taxation: 0% personal income tax; 9% corporate tax (with exemptions). AML/CFT: Stringent requirements aligned with FATF standards. Consumer Protection: Strong investor safeguards and disclosure requirements. Stablecoins: Regulatory framework under development. Marketing: Clear guidelines for crypto promotion. Banking: Increasing integration with UAE banks. Innovation: Supportive ecosystem with government backing.

https://www.sca.gov.ae/ | https://www.vara.ae/ | https://www.adgm.com/ra