Is BTC banned in Dubai?|Is Cryptocurrency Legal in Dubai? The Central Bank of UAE* has not licensed cryptocurrencies or recognized them as legal tenders. However, and they can be traded on crypto exchange platforms. UAE citizens can own cryptocurrencies, and deposit and trade them.there are no prohibitions against crypto assets
I'm curious, is Bitcoin banned in Dubai? Or, is cryptocurrency legal in Dubai? I've heard that the Central Bank of the UAE hasn't issued any licenses for cryptocurrencies or recognized them as legal tender. But then, I've also seen people talking about trading cryptocurrencies on exchange platforms in Dubai. Can UAE citizens actually own cryptocurrencies and trade them freely? Are there any specific prohibitions against crypto assets in Dubai?