Cryptocurrency Services

Cryptocurrency Services

Get Your Cryptocurrency License in Dubai!

Now get your cryptocurrency license in Dubai with Emirates Business Setup! If you want to evolve and are interested in establishing your cryptocurrency company in UAE, then EBS ensures you a hassle-free process by collaborating with Free Zone Authority officials.
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The cryptocurrency business is gaining more popularity worldwide as most investors seek more options to grow their money and assets. Most Europeans still ask a question repetitively and is, is cryptocurrency legal in Dubai? Yes, it is 100 % legal in Dubai. You can do cryptocurrency trading in Dubai and can buy Dubai property in cryptocurrency. Also, you can have your own crypto business setup in Dubai, but for that, you require a crypto trading license.

Are you looking for a cryptocurrency license in UAE? Do you want to start your cryptocurrencies business in Dubai? Just do not over-stress and put your trust in Emirates Business Setup. We will help you manage your business documents and all the required paperwork.  You can obtain your cryptocurrency license Dubai and your visas quickly with the help of our specialized business advisors. We can guide you on the best way to invest in cryptocurrency, how to exchange cryptocurrency to real money, and how to buy and sell cryptocurrencies in Dubai.

As the upcoming digital cryptocurrency will grow very fast in the mainstream of business operations in forthcoming years. Getting mainstream with business operations in crypto assets means allowing more Freezone companies to succeed in crypto-trading, crypto-asset handling, and other related activities.

DMCC and DIFC are offering cryptocurrency licenses to business owners who want to manage their trading and crypto assets in UAE. All kinds of cryptocurrencies, including Bitcoin, Dogecoin, Ethereum, Tether, Ripple, etc., are available under online crypto exchanges in Dubai.   

Our Services  

Consulting_Services

Consulting services

Consultation for those who are looking to start their cryptocurrency businesses in the UAE 
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Crypto License

Offering cryptocurrency licenses including pre-approvals from SCA (Securities and Commodities Authority) in DMCC, DIFC, and DAFZA 
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Crypto Bank Account opening

Bank account opening that supports cryptocurrency businesses in UAE 
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Real estate with Cryptocurrency

Buying property or investing in real estate in UAE with cryptocurrency 

Set up your cryptocurrency companies with DMCC

DMCC, or Dubai Multi Commodities Centre, is a free zone in Dubai that offers a variety of services to businesses, including those in the cryptocurrency industry. DMCC can be a valuable partner for growing your crypto business, providing access to global markets, infrastructure and support, regulatory compliance, and networking opportunities. Here are some ways that DMCC ensures the growth of your crypto business setup in Dubai:

Setting up a company

DMCC offers a streamlined process for crypto business setup in Dubai, including assistance with licensing and registration. This can help you get your crypto business up and running quickly and efficiently.

Access to global markets

Dubai is a hub for international trade, and DMCC provides access to a network of global markets. This can help your crypto business reach a wider audience and expand your customer base.

Infrastructure and support

DMCC offers a range of services to support businesses, including office space, IT infrastructure, and business support services. This can help your crypto business operate more efficiently and effectively.

Regulatory compliance

DMCC has a strong regulatory framework in place to ensure that businesses operate in a safe and secure environment. This can help your crypto business build trust with customers and investors.

Networking and events

DMCC hosts a variety of networking events and conferences throughout the year, providing opportunities for businesses in the crypto industry to connect with peers and potential partners.

Documents Required

  • For Commercial license (Emirates ID, address of residency, Business plan, Verified company name) 
  • Passport copies of all shareholders or managers, if any. 
  • Free of fraudulent transactions and clean crypto wallet. 
  • Business of 6 to 12 months of operation 
  • Government-approved crypto assets. 
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Cryptocurrency business in DIFC

The Dubai International Financial Centre (DIFC) is a financial-free zone in Dubai that offers a range of services to businesses, including those in the cryptocurrency industry. Setting up a cryptocurrency business in DIFC can be beneficial due to its strong regulatory framework, business-friendly environment, access to global markets, infrastructure and support, and networking opportunities.
Here are some ways that setting up a cryptocurrency business in DIFC can be beneficial:

Regulatory framework

DIFC has a robust regulatory framework in place for financial services businesses, including those involved in cryptocurrencies. This can help your cryptocurrency business operate in a secure and transparent environment, which can build trust with customers and investors.

Business-friendly environment

DIFC offers a business-friendly environment with tax exemptions, simplified licensing procedures, and streamlined regulatory processes. This can help your cryptocurrency business operate more efficiently and cost-effectively.

Access to global markets

DIFC is a gateway to the Middle East, Africa, and South Asia (MEASA) region and offers access to a range of global markets. This can help your cryptocurrency trading business to expand it’s customer base and reach a wider audience.

Infrastructure and support

DIFC offers state-of-the-art infrastructure, including office space, IT infrastructure, and business support services. This can help your cryptocurrency business operate more efficiently and effectively.

Networking and events

DIFC hosts a range of networking events and conferences throughout the year, providing opportunities for businesses in the cryptocurrency industry to connect with peers and potential partners.

RAK Digital Assets Oasis- Future of cryptocurrency

In September 2021, the RAK Digital Assets Oasis was still in development and expected to be a new launch cryptocurrency-free zone. The RAK Digital Assets Oasis (RAK DAO) is a free zone that is going to be launched soon and will be developed in the Ras Al Khaimah emirate of the United Arab Emirates (UAE).

The aim of the RAK DAO is to create a supportive environment for blockchain and digital asset companies and to provide a regulatory framework that is designed to support and encourage these businesses.
Once launched, the RAK Digital Assets Oasis is expected to offer a range of incentives to attract businesses to the free zone and simplified licensing procedures. The launch of the RAK Digital Assets Oasis is a positive development for the blockchain and digital asset industry in the UAE, as it highlights the country’s commitment to innovation and entrepreneurship and its desire to become a leading hub for fintech and blockchain in the region.
Some possible developments that could occur in the future, once the RAK DAO is launched:

Attracting blockchain and cryptocurrency exchange companies

The RAK DAO is expected to attract a wide range of blockchain and digital asset companies to the free zone, due to its supportive environment, regulatory framework, and incentives. These companies could include cryptocurrency exchanges, blockchain-based platforms, and other fintech firms.

Developing the regulatory framework

The RAK DAO will work to develop a regulatory framework that is specifically tailored to the needs of blockchain and digital asset companies. This framework is expected to be in line with international best practices and will provide a secure and transparent environment for these businesses to operate.

Creating jobs and opportunities

The launch of the RAK DAO is expected to create new jobs and opportunities in the fintech and blockchain industries, both in the UAE and internationally. This could help to attract top talent to the region and support the growth of the local economy.

Building partnerships and collaborations

The RAK DAO is expected to foster partnerships and collaborations between blockchain and digital asset companies, as well as with other industries and organizations. This could help to drive innovation and support the development of new products and services.

FAQs

Yes, cryptocurrency is legal. But to start your business or Company, you must first have a valid cryptocurrency license.   
As mentioned, anyone interested and who meets the government requirements can obtain a cryptocurrency/trading license. 

Most of the business activities that are carried out with a cryptocurrency license here in UAE (but not limited to) are:  

  • Consultancy services for crypto mining, NFT, cryptocurrency & blockchain technology 
  • Trading of crypto assets 
  • Buying and selling any property after exchanging cryptocurrency  
  • Managing other person’s crypto assets 
  • Multilateral trading facilities of crypto assets 
If you are doing cryptocurrency business, you can buy real estate using your cryptocurrency funds in Dubai. If you are interested in purchasing a villa, commercial space, or an apartment in UAE, then we will surely assist you in making the deal comes into reality. 
Yes, you can open a bank account that supports cryptocurrency businesses in the UAE. 
Only 21-year age individual can apply for this type of license in UAE. All age above 21 are welcome. 
You can invest with cryptocurrency in real estate in Dubai. You can buy and sell properties by using your cryptocurrency.

To buy cryptocurrency in Dubai, you can follow these simple steps:

  • Choose a reputable cryptocurrency exchange that operates in Dubai or the UAE.
  • Create an account on the exchange and complete the verification process.
  • Add funds to your account using a bank transfer or other supported payment methods.
  • Use the funds in your account to purchase the cryptocurrency of your choice.
  • You can choose to hold the cryptocurrency on the exchange or transfer it to a secure wallet that you control.

Depending on where you are located and the specific laws and regulations in your jurisdiction. In some countries, trading cryptocurrency may require a license or registration with the appropriate regulatory body. Failing to comply with applicable regulations could result in legal and financial consequences.

To exchange cryptocurrency for real money, use a cryptocurrency exchange or peer-to-peer marketplace. Connect a bank account or payment method, sell your cryptocurrency, and withdraw the funds. Here in Dubai, ATM is also offered cryptocurrency exchange.

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