Did The UAE Just Ban Bitcoin? No — But What They Did Might Be Even Worse

Bitcoin (CRYPTO: BTC) remains legal in the UAE, but sweeping rules that took effect on Sep. 16 now force licenses on nearly every crypto tool, creating one of the world’s toughest self-custody crackdowns.

New Law Broadens Central Bank Authority

The New Central Bank of the UAE Law expands the regulator’s oversight beyond traditional financial firms to include technology providers that facilitate financial activity. 

Article 62 extends …

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