Which online cryptocurrency exchanges operate in Dubai?

We found 4 trusted online cryptocurrency exchanges operating in Dubai including Binance, Kraken, and Coinmama. We may receive compensation when you click certain products. Before getting started, an important disclosure

Is uphold a good crypto exchange in the UAE?

For those in the UAE seeking transparency and security above all, Uphold stands as a global leader. This multi-asset trading platform is functional in over 150 countries, including the UAE, and is unique for its audited proof of reserves, making it one of the most transparent crypto exchanges globally.

Who regulates crypto exchanges in the UAE?

Regulatory bodies like the Abu Dhabi Global Market (ADGM) and the Central Bank of the UAE provide guidelines for crypto exchanges and digital assets. However, it's essential to note that each Emirate within the UAE may have specific rules, and regulatory frameworks are still evolving.

Is Dubai building a crypto-enabled system?

The government owned licensing firm Kiklabb allows clients to pay fees using digital assets to the Dubai Financial Services Authority. The Dubai Financial Services Authority also announced it is working on a framework for crypto as part of its 2021 business plan. The UAE seems to be building a framework for a complete crypto-enabled system.