Cryptocurrency License in Dubai
As the UAE rapidly becomes a global hub for digital finance, Dubai stands out as the top destination to start a cryptocurrency business. If you’re looking to launch a legal and compliant crypto venture, obtaining a cryptocurrency license in Dubai is your first essential step.
A cryptocurrency license is a government-issued authorization that legally allows individuals or companies to conduct crypto-related activities such as:
- Crypto trading and investment
- Crypto wallet and exchange services
- Blockchain and data mining operations
- NFT and token issuance
- Crypto consultancy and tech services
This license ensures your business is regulated, transparent, and compliant with the UAE’s legal framework.
Dubai has positioned itself as a forward-thinking tech and blockchain hub. The city is known for:
- A supportive government
- World-class infrastructure
- 0% corporate and personal tax
- No currency restrictions
- Global investor-friendly policies
With regulatory authorities like VARA (Virtual Asset Regulatory Authority) and DFSA (Dubai Financial Services Authority) in place, Dubai offers a secure, stable, and innovative environment for cryptocurrency businesses.
You can apply for a cryptocurrency license through various free zones and regulatory bodies depending on your business model:
1. DMCC – Dubai Multi Commodities Centre
Best for: Crypto trading and blockchain tech startups
DMCC offers:
- Cryptocurrency Trading License
- Distributed Ledger Technology Services License
DMCC’s Crypto Valley is a dedicated ecosystem for blockchain businesses.
2. IFZA – International Free Zone Authority
Best for: Affordable setup for startups and SMEs
Partnered with SCA (Securities and Commodities Authority), IFZA allows:
- Crypto asset trading
- Crypto exchange services
- Wallet and storage solutions
3. ADGM – Abu Dhabi Global Market
Best for: Financial institutions and global crypto players
ADGM provides one of the most robust regulatory frameworks for:
- Crypto exchanges
- Custodian services
- DeFi projects
4. DWTC – Dubai World Trade Centre
Best for: Tech-driven crypto innovators
Partnered with Binance, DWTC is building a crypto innovation hub, with close supervision from VARA and the Securities and Commodities Authority (SCA).
To start your crypto business, you’ll need:
- Minimum capital of AED 50,000 (≈ USD 13,600)
- Business plan outlining your operations
- KYC (Know Your Customer) and AML (Anti-Money Laundering) policies
- Valid passport and proof of address
- CV and company profile
- Office space (can be virtual depending on the free zone)
- 0% Corporate and Income Tax
- Full Repatriation of Profits and Capital
- 123+ Double Taxation Treaties
- No Restrictions on Crypto Usage
- Access to Government-Approved Crypto (e.g., “Cash”)
- Robust Investor Protection & AML Laws
- Supportive Fintech Environment
We simplify the process so you can focus on launching your venture:
- Free Consultation – Get expert advice tailored to your crypto business
- Document Preparation – We handle all paperwork and compliance
- License Application – Choose the best zone (DMCC, IFZA, ADGM, DWTC)
- Government Approvals – We coordinate with regulators on your behalf
- Bank Account Setup – Assistance in opening UAE bank accounts
- Post-License Support – Ongoing legal, tax, and compliance help
Start Your Crypto Business in Dubai Today
Whether you want to launch a crypto exchange, offer blockchain solutions, or start a DeFi platform, we help you get licensed quickly, legally, and with confidence.
Contact Rising Star Services now and get a free consultation from our crypto business experts.
Q1: Can foreigners apply for a cryptocurrency license in Dubai?
Yes, 100% foreign ownership is allowed in all major free zones.
Q2: How long does it take to get the license?
Depending on the zone, approval usually takes between 2 to 4 weeks.
Q3: Can I open a crypto exchange in Dubai?
Yes, with the right license from VARA or DFSA, you can legally operate an exchange.
Q4: Do I need a physical office in Dubai?
Some zones allow virtual offices, but others may require a physical presence.
Q5: Is crypto trading legal in the UAE?
Yes, it is legal with a valid license and within regulated frameworks.
Contact Us
- DSO IFZA Properties Dubai Silicon Oasis Dubai
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+971 55 457 1489
+971 55 550 3016 - info@risingstarsservices.com