JejuSunrise
Sat Jun 08 2024
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5 answers
733
Do I need license to trade crypto in UAE?｜Cryptocurrency Exchange License: Authority: Requires obtaining a license from either the Dubai Financial Services Authority (DFSA) or the Securities and Commodities Authority (SCA), ensuring adherence to regulatory standards and practices.
Could you please clarify, is it necessary for me to obtain a specific license if I want to engage in cryptocurrency trading activities within the United Arab Emirates? I've read that there are authorities like the Dubai Financial Services Authority (DFSA) or the Securities and Commodities Authority (SCA) that might require such a license, but I'm not entirely sure about the details. Could you elaborate on the regulatory standards and practices that I need to adhere to in order to comply with the legal framework in this regard? Thank you for your assistance.
Bianca
Fri Jun 07 2024
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5 answers
935
How do I register for cryptocurrency in Dubai?｜To obtain a cryptocurrency exchange license in Dubai, you should , which grants licenses to crypto businesses. Other entities that issue cryptocurrency licenses include the Dubai Airport Free Zone Authority (DAFZA) and the Abu Dhabi Global Market (ADGM).apply through the Dubai Multi-Commodities Center (DMCC)
How does an individual go through the process of registering for cryptocurrency in Dubai? Could you please elaborate on the steps involved? I'm particularly interested in understanding which authorities are responsible for granting licenses to crypto businesses. I've heard of the Dubai Multi-Commodities Centre (DMCC), but are there any other entities that issue cryptocurrency licenses, such as the Dubai Airport Free Zone Authority (DAFZA) or the Abu Dhabi Global Market (ADGM)? Could you provide more details on how to apply through these channels?
