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Specialist – Legal & Advisory – Technology, Regulation, Innovation
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Navigate the global regulatory Landscape
We help you identify the right regulatory pathway for your business model, activities, and product suite across the globe, and guide you seamlessly through the end-to-end licensing process.
- VARA
Virtual Assets Regulatory Authority · Dubai, UAEDubai's dedicated regulator for virtual asset service providers, the world's first standalone authority of its kind, governing all VASP activity across the emirate's mainland and free zones outside the DIFC.
- CMA
Capital Markets Authority · Federal UAEThe UAE’s federal securities regulator, providing nationwide licensing pathways for securities, derivatives, crypto assets, and other traditional financial services.
- CBUAE
Central Bank of the UAE · Federal UAEThe UAE’s federal regulator for banking, payments, and monetary infrastructure, with oversight of payment tokens, stablecoins, stored value facilities, and retail payment services.
- FSRA
Financial Services Regulatory Authority · ADGM, UAEADGM’s financial services regulator, offering one of the region’s most sophisticated frameworks for digital assets and crypto, built on a common law foundation.
- DFSA
Dubai Financial Services Authority · DIFC, UAEDubai’s leading international financial centre, offering a globally recognised common law framework for financial services and digital asset businesses.
- GCGRA
General Commercial Gaming Regulatory Authority · UAEThe UAE’s federal regulator for commercial gaming, responsible for licensing and supervising gaming operators, casinos, and related service providers.
- CBB
Central Bank of Bahrain · BahrainBahrain’s primary financial services regulator, with a well-established licensing framework for crypto asset services, fintech businesses, and financial institutions across the Kingdom.
- IGRA, Anjouan
Internet Gaming Regulatory Authority · Anjouan, ComorosThe official regulator for iGaming on the Autonomous Island of Anjouan, providing licensing and oversight for B2C and B2B online gaming operators.
Insights
Explore comprehensive analysis for informed business decisions in a rapidly evolving digital landscape.
Jul 31, 2025Why the UAE could become the Global Hub for Virtual Asset Proprietary Trading: A Practical Guide with Jurisdictional Comparisons to Singapore and Switzerland
KEY TAKEAWAYS INTRODUCTION Virtual asset proprietary trading (“Prop Trading“), where firms trade digital assets using their own capital, has gained significant traction amid the global rise of cryptocurrencies and blockchain-based financial systems. Clear regulatory frameworks, investor-friendly policies, and cutting-edge infrastructure are foundational to attracting high-value Prop Trading activity. Unsurprisingly, the United Arab Emirates (“UAE“), Singapore, […]
Jul 21, 2025Bridging Worlds: Real-World Assets and the Future of Decentralised Finance
KEY TAKEAWAYS In the evolving world of on-chain finance, two terms are increasingly shaping the conversation: DeFi and tokenised RWAs. While DeFi originated as an experiment in disintermediation, built around transparent, on-chain protocols that seek to remove traditional central authorities in finance, allowing self-custody and open access. The movement is now entering a more complex […]
Nov 4, 2025When Code Becomes Conduct: What the Tornado Cash Verdict Means for DeFi
KEY TAKEAWAYS A MIXED VERDICT In August 2025, the U.S. District Court for the Southern District of New York delivered a mixed verdict in United States v. Roman Storm1. The jury convicted Roman Storm of conspiracy to operate an unlicensed money transmitting business2, but failed to reach a unanimous decision on the two more serious counts, i.e., conspiracy […]
Mar 15, 2025Securing the First Virtual Asset Platform Operator License Under the SCA
Introduction Our client is a virtual asset exchange (“Client”) who engaged us to assist in obtaining a virtual asset service provider (“VASP”) license from the Securities and Commodities
Apr 16, 2026The UAE’s New VASP Framework: A Comprehensive Revision of the CMA’s Regulations
KEY TAKEAWAYS INTRODUCTION The Capital Market Authority of the United Arab Emirates (“CMA“) has issued the CMA’s Board of Directors Resolution No. (04/Chairman) of 2026 Concerning the Regulation of Virtual Asset Service Providers and the Alternative Trading System Operator (the “Resolution“), accompanied by three dedicated rulebooks governing the conduct, licensing, and operations of Virtual Asset […]
Apr 1, 2026Dubai’s Derivatives Framework: VARA is now open for Crypto Futures, Perps, Options and CFDs
The CMA has introduced a unified and comprehensive licensing regime for VASPs, requiring all virtual asset service providers to register and comply with updated AML and governance standards.
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