Cryptocurrency Business License in Dubai
The DMCC is a special regulator that grants licensing for trading in cryptocurrency. This kind of license comes with certain requirements for regulation, such as the requirement for a minimum capital percentage in the amount of AED 500.000. Furthermore, it doesn't permit companies to conduct banking transactions or offer financial services. If you're planning to operate an exchange that is cryptic in the UAE then you'll have to apply for an DMCC Crypto license.