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X @Cointelegraph
Cointelegraph· 2025-11-25 14:01
🇦🇪 BIG: UAE has enacted Federal Decree No. 6 of 2025, placing DeFi, Web3, stablecoin protocols, DEXs, and bridges under central bank oversight.These projects must secure licensing by Sept 2026. https://t.co/u9WfLQgSyP ...
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]