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United Arab Emirates
AE / ARELegal — Regulated
UAE has multiple overlapping jurisdictions: VARA (Dubai mainland), ADGM (Abu Dhabi), DIFC (Dubai financial center). VARA issued comprehensive VA regulation in 2023. Active hub for institutional crypto.
Key Regulations
VARA Virtual Assets Regulation (2023)ADGM Digital Assets FrameworkCBUAE Stablecoin Regulation
Regulatory Context
Crypto assets are legal in United Arab Emirates under applicable regulatory frameworks. Exchanges and service providers typically require registration or licensing with VARA / ADGM / DIFC. AML/KYC obligations apply to virtual asset service providers (VASPs) under FATF guidance.
Regulatory Profile
Currency
AED
MiCA Applies
No
FATF Member
Yes
OFAC Sanctions
None
G20 / OECD
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SL-1 API Call
{
"action": "place_order",
"actor": {
"declared_jurisdiction": "AE"
}
}Expected verdict
COMPLIANT