This report dissects the compliance framework of the United Arab Emirates (UAE) virtual asset industry, with a focus on the differentiated regulatory rules of three core regulatory systems—Dubai Virtual Assets Regulatory Authority (VARA), Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA), and Dubai International Financial Centre (DIFC) Dubai Financial Services Authority (DFSA). It integrates an analysis of the UAE’s strategic layout in the virtual asset sector and its unique competitive advantages, while elaborating on the licensing requirements for three key market participants: virtual asset exchanges, virtual asset wallets, and virtual asset custodians. The report aims to provide precise compliance guidance and opportunity insights for domestic and international institutions entering the UAE market.
