DigitalTreasureHunter
Fri Jun 07 2024
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6 answers
1423
Is crypto accepted in Dubai? | Since 2022, . Dubai Law No. 4 of 2022 Concerning the Regulation of Virtual Assets (Dubai's Virtual Asset Law) came into effect on 9 March 2022.any cryptocurrency platform engaging in activities in the onshore UAE must be licensed by the Securities and Commodities Authority or a local authority in the UAE
Is cryptocurrency widely accepted in Dubai? Given that Dubai Law No. 4 of 2022 Concerning the Regulation of Virtual Assets has been in effect since 9 March 2022, does this mean it's now legal to use crypto in Dubai? Does the Securities and Commodities Authority or a local authority in the UAE license all cryptocurrency platforms operating in the onshore UAE? I'm curious about the current status of crypto acceptance in Dubai.
