UAE Cabinet Resolution No. 111 of 2022 creates a federal regulatory perimeter for virtual assets and virtual-asset service providers across the UAE, subject to exclusions and coordination with local and free-zone authorities including VARA (Dubai), ADGM and DIFC. It allocates licensing and supervisory roles between federal (SCA) and local authorities and establishes authorisation and compliance foundations. It does not replace or supersede the VARA, ADGM or DIFC regimes.
Othereffective
Cabinet Resolution No. (111) of 2022 Regulating Virtual Assets and Their Service Providers
Also known as: UAE Cabinet Resolution No. 111 of 2022 Regulating Virtual Assets and Their Service Providers
United Arab Emirates UAE Securities and Commodities Authority (SCA); relevant local licensing authorities
Overview
Key Details
Jurisdiction
United Arab EmiratesRegulator
UAE Securities and Commodities Authority (SCA); relevant local licensing authorities
Law Type
Other
Status
In ForceOfficial Law Number
Cabinet Resolution No. 111 of 2022
Official Title
Cabinet Resolution No. (111) of 2022 Regulating Virtual Assets and Their Service Providers
Effective Date
Effective date not specified
Who This Law Applies To
Covered virtual-asset activities and providers in the UAE, subject to exclusions for VARA, ADGM and DIFC local regimes.
Key Requirements
- Creates a federal regulatory perimeter for virtual assets and VASPs across the UAE.
- Allocates licensing and supervisory roles between the SCA and local/free-zone authorities.
- Does not replace VARA (Dubai), ADGM or DIFC crypto regimes — coordination is required.
Official Sources
Exact official documentVerify exact Official Gazette commencement date before setting effective_date. Also confirm final numbering matches 2022 reference.
Related Laws
RegulationIn ForceUnited Arab Emirates
Virtual Assets and Related Activities Regulations 2023
Added August 29, 2026Effective: February 7, 2023
The VARA Regulations 2023 are the core licensing and activity regulations implementing Dubai Law No. 4 of 2022. They define the licensing framework, regulated activity categories, and set governance, compliance, conduct and supervisory expectations for VARA licensees. They operate alongside compulsory and activity-specific VARA rulebooks.
LicensingExchangesAML/KYC
rulebooks.vara.aeView Law Profile
OtherIn ForceUnited Arab Emirates
Law No. (4) of 2022 Regulating Virtual Assets in the Emirate of Dubai
Added August 29, 2026Effective: March 11, 2022Ref: Dubai Law No. (4) of 2022
Dubai Law No. (4) of 2022 establishes the Dubai Virtual Assets Regulatory Authority (VARA) and the virtual-asset regulatory perimeter in the Emirate of Dubai, excluding the Dubai International Financial Centre (DIFC). It requires authorisation for regulated virtual-asset activities, sets the legal basis for implementing rulebooks and provides VARA's supervisory and enforcement mandate.
LicensingExchangesAML/KYC
rulebooks.vara.aeView Law Profile
ActIn ForceUnited Arab Emirates
Dubai Virtual Assets Law
Law No. 4 of 2022 Regulating Virtual Assets in the Emirate of Dubai
Added August 24, 2026Effective: March 11, 2022Ref: Dubai Law 4/2022
Establishes VARA and Dubai's statutory virtual-asset regulatory perimeter outside DIFC.
LicensingExchangesCustodyPayments
dlp.dubai.gov.aeView Law Profile
RegulationIn ForceUnited Arab Emirates
VARA Full Market Product Regulations
VARA Virtual Assets and Related Activities Regulations
Added August 24, 2026Effective: February 7, 2023Ref: VARA Regulations
Creates detailed rulebooks for Dubai VASP activities.
LicensingAML/KYCCustodyExchanges+1 more
rulebooks.vara.aeView Law Profile
OtherIn ForceJurisdiction unavailable
Decision No. E/35/2023 — VASP Registration and AML/CFT Instructions
Decision No. E/35/2023 on Virtual Asset Service Provider Registration, Cancellation of Registration and AML/CFT Instructions
Added August 29, 2026Ref: Decision No. E/35/2023
Oman's FSA Decision No. E/35/2023 requires registration with the Oman Financial Services Authority (formerly Capital Market Authority) before carrying on covered virtual-asset activities in the Sultanate of Oman. It implements AML/CFT, governance and compliance requirements, and provides registration, cancellation and supervisory procedures. This is a VASP registration/AML regime and should be distinguished from any future full licensing framework.
LicensingAML/KYCExchanges
fsa.gov.omView Law Profile
RegulationPartially EffectiveJurisdiction unavailable
BCB Resolutions No. 519, 520 and 521 of 2025 — Virtual Asset Regulatory Framework
Resoluções BCB nos. 519, 520 e 521, de 10 de novembro de 2025
Added August 29, 2026Ref: BCB Resolution No. 519/2025; No. 520/2025; No. 521/2025
Brazil's Central Bank (BCB) Resolutions No. 519, 520 and 521 of 10 November 2025 implement the virtual-asset regulatory framework under the supervision of the Central Bank. Resolution 519 establishes VASP authorisation procedures; Resolution 520 sets activity, governance, controls, security and conduct requirements; Resolution 521 integrates specified virtual-asset operations into Brazil's foreign-exchange and international-capital rules. Commencement is staged during 2026 — verify the effective date for each resolution separately.
LicensingExchangesAML/KYCConsumer Protection+1 more
bcb.gov.brView Law Profile
