Cryptocurrency Q&A Who is responsible for cryptocurrencies in UAE?

Who is responsible for cryptocurrencies in UAE?

Sara Sara Tue Nov 19 2024 | 7 answers 1725
I want to know who is in charge of or regulates cryptocurrencies in the United Arab Emirates (UAE). Who is responsible for cryptocurrencies in UAE?

7 answers

emma_lewis_pilot emma_lewis_pilot Thu Nov 21 2024
The Central Bank of the United Arab Emirates plays a pivotal role in maintaining financial and monetary stability within the country.

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MountFujiMystic MountFujiMystic Wed Nov 20 2024
This law is a testament to the growing importance of cryptocurrencies and digital assets in the emirate.

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Sara Sara Wed Nov 20 2024
With the implementation of VAL, Dubai aims to create a clearer and more secure environment for crypto transactions.

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EnchantedMoon EnchantedMoon Wed Nov 20 2024
It is also tasked with ensuring the protection of consumers in the UAE's financial landscape.

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CryptoVanguard CryptoVanguard Wed Nov 20 2024
Among the top cryptocurrency exchanges operating in this regulated environment is BTCC.

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