CBUAE licensees can now offer CMA-regulated virtual asset services
The Resolution permits entities licensed by the Central Bank of the UAE (the CBUAE), other than insurance companies, to conduct the virtual asset activities regulated by the CMA, subject to obtaining the relevant CMA authorisations.
The analysis — automated & source-checked
- Applies to
- Financial services · UAE
- What to do
- CBUAE-licensed entities (excluding insurance companies) wishing to conduct CMA-regulated virtual asset activities must obtain the relevant CMA authorisations under Resolution No. (16/Chairman) of 2026.
In June 2026, the UAE Capital Market Authority (CMA) issued Resolution No. (16/Chairman) of 2026, which permits entities licensed by the Central Bank of the UAE (the CBUAE), other than insurance companies, to conduct virtual asset activities regulated by the CMA. This permission is subject to obtaining the relevant CMA authorisations. The CMA operates under Federal Decree-Law No. (32) of 2025 and Federal Decree-Law No. (33) of 2025. Virtual asset activities within its remit are regulated by Resolution No. (04/Chairman) of 2026 concerning the Regulation of Virtual Assets Service Providers and the Alternative Trading System Operator.
Source
Reported by: Clyde & Co Middle East 30 Sept 2026 Read the original ↗ More from Clyde & Co Middle East →
Quick answers
What do I need to do?
CBUAE-licensed entities (excluding insurance companies) wishing to conduct CMA-regulated virtual asset activities must obtain the relevant CMA authorisations under Resolution No. (16/Chairman) of 2026.
Who reported this?
Clyde & Co Middle East (UAE).
When was it announced?
30 Sept 2026.
Where can I read the original?
Read the original at Clyde & Co Middle East: https://www.clydeco.com/en/insights/2026/09/uae-central-bank-licensees-permitted-to-conduct-cm
Subscribe — free
Get the next change before it's a deadline
The whole front, every morning. Free.