Central Bank revokes Omda Exchange licence and imposes AED 10M fine
The Central Bank of the UAE (CBUAE) has revoked the operating licence of Omda Exchange and imposed a financial sanction of AED 10 million for regulatory violations. This action immediately prohibits Omda Exchange from conducting money exchange or remittance business in the UAE.
The analysis — automated & source-checked
- Applies to
- Financial services · UAE
- What to do
- If you hold accounts or have outstanding transactions with Omda Exchange, contact the Central Bank of the UAE immediately to report and resolve your position. Do not conduct further business with this entity.
Source
“The Central Bank of the UAE (CBUAE) has revoked the operating licence of Omda Exchange and imposed a financial sanction of AED 10 million for regulatory violations. This action immediately prohibits Omda Exchange from conducting money exchange or remittance business in the UAE.”
— Central Bank of UAE, 23 Dec 2025
Source: Central Bank of UAE — official 23 Dec 2025 Read the original ↗ More from Central Bank of UAE →
Quick answers
What do I need to do?
If you hold accounts or have outstanding transactions with Omda Exchange, contact the Central Bank of the UAE immediately to report and resolve your position. Do not conduct further business with this entity.
Who issued this?
Central Bank of UAE (UAE).
When was it announced?
23 Dec 2025.
Where can I read the original?
Read the original at Central Bank of UAE: https://www.centralbank.ae/en/news-and-publications/news-and-insights/press-release/cbuae-revokes-the-licence-of-omda-exchange-and-imposes-a-financial-sanction-of-aed-10-million/
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