Crypto Regulations in UAE- Dubai in 2025
2025-07-09 06:57:04
Main Idea
Dubai has strengthened its position as a global crypto hub in 2025 through enhanced regulations led by VARA, aligning with global AML standards and promoting high crypto adoption.
Key Points
1. VARA announced stricter AML regulations for Virtual Asset Service Providers (VASPs) with a compliance deadline of June 19, 2025.
2. Dubai's Department of Finance signed a Memorandum to support the Dubai Cashless Strategy, aiming for 90% digital transaction adoption by 2026.
3. Individuals in Dubai pay no income or capital gains tax on crypto, while businesses with revenue exceeding AED 375,000 are subject to a 9% corporate tax and may charge 5% VAT on qualifying sales.
4. Dubai has a 25.3% crypto ownership rate, with the government legalizing trading in major cryptocurrencies like Bitcoin, Ethereum, and Pi Coin.
5. The UAE held approximately $40 billion in Bitcoin in 2024, reflecting significant involvement in the crypto economy.
Description
The post Crypto Regulations in UAE- Dubai in 2025 appeared first on Coinpedia Fintech News In 2025, Dubai crypto regulation has strengthened the city’s role as a global crypto hub. Led by the Virtual Asset Regulatory Authority (VARA) , Dubai offers a clear and secure framework that attracts major platforms like Binance, Coinbase, Crypto.com, and OKX. These regulations aim to enhance market integrity while aligning with global AML standards. Table of contents Crypto Regulation in Dubai – 2025 Tim...
Latest News
- Bitcoin Price Hits New ATH of $112k: Is the 2025 Altseason Here? Experts’ Insights2025-07-09 22:13:48
- Pump.fun Confirms $1.3B ICO for $PUMP Token on July 12: Details2025-07-09 20:14:30
- Tokenized Securities are Still Securities: SEC Commissioner Hester Pierce Says2025-07-09 19:24:05
- XRP Price Surges Amid Ripple’s Regulatory Push & Institutional Backing2025-07-09 19:23:44
- Top Summer Picks: Ethereum (ETH) Climbs, But This Under-$0.05 Coin Could 15x2025-07-09 14:33:57