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UAE mandates VASP licenses for crypto firms, begins accepting applications

By Assad Jafri at 2026-05-01 08:21

Sentiment: Positive

UAE’s financial watchdog announced on April 17 that it has begun accepting applications from companies seeking a virtual asset service provider (VASP) license. The UAE Cabinet established a framework to regulate the crypto industry in December 2022 after passing Resolution 111. Under the new regime, all companies looking to provide services related to virtual assets […] The post UAE mandates VASP licenses for crypto firms, begins accepting applications appeared first on CryptoSlate. Continue reading...

Categories: Adoption

Tags: #Adoption #Featured #Regulation

Source CryptoSlate