Website: [URL=https://www.quickbusinesssetup.com/a-guide-to-cryptocurrency-business-license-in-uae/]https://www.quickbusinesssetup.com/a-guide-to-cryptocurrency-business-license-in-uae/[/URL]The DMCC is a specific regulator that grants licensing for trading in cryptocurrency. This kind of license comes with strict regulations, such as an initial capital share in the amount of AED 500.000. Furthermore, it doesn't permit businesses to conduct banking transactions or offer financial services. If you're planning to operate an exchange for cryptocurrencies in the UAE then you'll have to apply for an DMCC Crypto license.