X @Wu Blockchain
Wu Blockchain·2025-11-25 11:01
Regulatory Landscape - The UAE has enacted Federal Decree No 6 of 2025, regulating DeFi, Web3, stablecoins, DEXs, and cross-chain bridges under central bank supervision [1] - The regulation is effective since September 2025 [1] - Projects involved in payments, custody, lending, or investment services must obtain licensing by September 2026 [1] Compliance & Penalties - Failure to obtain proper licensing by September 2026 may result in fines up to AED 1 billion (approximately $272 million) [1] - Non-compliance may also lead to potential criminal penalties [1]