For both outsiders and those on the ground, navigating the UAE’s digital asset landscape can be a disorienting experience, with multiple (often competing) centres of activity to contend with.
In addition to the digital asset guidelines at the federal level from the Central Bank of the UAE and the Securities and Commodities Authority (SCA), there are the high-profile regulatory digital asset regimes of Dubai (the Virtual Assets Regulatory Authority; VARA) and Abu Dhabi (Abu Dhabi Global Market; ADGM), not to mention the activities in the space within the Dubai International Financial Centre (DIFC) and the Dubai Multi Commodities Centre.