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.
Raffaele
Fri Jun 07 2024
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5 answers
741
Is crypto trading banned in Dubai?｜. The Dubai Financial Services Authority (DFSA) oversees the operations of digital asset exchanges within the Dubai International Financial Center (DIFC), ensuring that they adhere to strict compliance and security standards. Crypto trading in Dubai is legal and regulated
Is crypto trading indeed permitted in Dubai? I've heard conflicting reports. Could you clarify the role of the Dubai Financial Services Authority (DFSA) in regulating digital asset exchanges within the Dubai International Financial Centre (DIFC)? What sort of compliance and security standards does it enforce? It would be helpful to know if there are any specific regulations or restrictions that crypto traders in Dubai need to be aware of.
