UAE Central Bank Takes Control of Crypto: New Law Establishes Oversight

The United Arab Emirates (UAE) Central Bank has expanded its regulatory authority over cryptocurrency, introducing a new law that empowers the central bank to oversee crypto businesses starting November 2025. This move aims to solidify the UAE’s position as a global leader in the crypto industry while promoting responsible innovation and financial integrity. The law introduces comprehensive licensing requirements for all crypto firms operating within the UAE, with heavy fines for non-compliance. This significant legal development is expected to increase trust among institutional investors and attract new investment opportunities.