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Dubai becomes more crypto-friendly

The Dubai Multi Commodities Center (DMCC), a renowned economic free zone in Dubai is to allow licensing for firms that offering, issuing, listing and trading crypto assets.

The Dubai Multi Commodities Center (DMCC), a renowned economic free zone in Dubai is to allow licensing for firms that offering, issuing, listing and trading crypto assets.

The licenses will be offered by the specialized DMCC Crypto Center after being pre-screened by the Securities and Commodities Authority (SCA).

The move is seen as a step towards achieving the goal set in the national strategy to make the Dubai “the first city in the world fully powered by blockchain” and it will make easier for crypto and blockchain businesses to set up and operate in Dubai. 

If you are interested in crypto license in DMCC, please contact us 24/7 for more details.  

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Dutch Private Foundation is a civil law alternative for the Anglo-Saxon Trust for the purpose of asset protection. It is a legal entity with its own rights and obligations, can hold assets in its own name and have beneficiaries including a settlor.

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