How much does a crypto license in the UAE cost?
You can rely on GBO to assist you through the whole process when you are looking to set up a crypto exchange with a license from UAE. We have the knowledge and experience to take you through the complete process, including setting up the proper corporate infrastructure for your new UAE cryptocurrency exchange, filing all the required documentation, and obtaining a Dubai cryptocurrency exchange license.
There are no restrictions on buying, selling or holding digital assets or preventing foreign investors from opening a crypto company in the UAE.
According to current law in the UAE passed at the end of February, 2022 known as the Virtual Assets Regulation Law (VAL), a regulatory body, the Virtual Assets Regulatory Authority (VARA), governs trading in the cryptocurrency and digital assets market in the country.
Regulation of the sale of virtual assets and tokens falls under this law. As well, the authority to issue a cryptocurrency licence in the UAE and regulate digital asset or cryptocurrency service providers can be granted to individual free zones inside Dubai.