Corporate Compliance
As the UAE solidifies its position as a global hub for crypto businesses, acquiring a crypto license is now a mandatory step for any advisor offering services in cryptocurrency trading, blockchain growth strategies, or digital asset security.
Originally, the filing deadline was set for September 30, 2024. Now, companies have until December 31, 2024, providing much-needed relief for businesses that were scrambling to meet the original deadline.
Dubai has recently introduced stringent VARA Crypto Marketing Guidelines for companies promoting digital assets. These guidelines emphasize transparency, ethical marketing practices, and full disclosure of risks associated with crypto trading.
The Middle East is rapidly becoming a hub for virtual asset companies seeking regulatory approval, with the UAE and Qatar offering attractive options.
Massive Dubai crypto developments this quarter includes crypto salary government recognition and Tether's plan to launch UAE stablecoin.
