The UAE Securities and Commodities Authority has begun accepting license applications from virtual asset service providers

ChainCatcher news, the Securities and Commodities Authority (SCA) of the UAE has announced the start of accepting license applications from companies intending to provide virtual asset services in the country. All virtual asset service providers (VASP) operating in the country must submit applications and obtain permission from the regulatory authority, except for those licensed in the country's financial free zones. (Source link)