The new financial law in the UAE includes DeFi under regulatory oversight, with a maximum fine of $272 million for violations

According to Cointelegraph, the UAE's newly implemented Federal Decree No. 6 brings decentralized finance (DeFi) and Web3 projects under regulatory oversight, requiring platforms that provide payment, trading, lending, custody, or investment services to obtain a license from the Central Bank of the UAE.

The law will take effect on September 16, 2025, ending the "code-only" regulatory exemption defense, with violators facing fines of up to 1 billion dirhams (approximately $272 million) and potential criminal sanctions. Legal experts clarify that the regulation does not prohibit individuals from using self-custody wallets but expands the regulatory scope for businesses. Project teams must complete compliance adjustments before the transition period deadline in September 2026.