UAE Bitcoin Reserves and Cryptocurrency Policies
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UAE Bitcoin Reserves and Cryptocurrency Policies

The UAE is a global crypto hub with progressive regulations, no capital gains tax, and a Digital Dirham CBDC launch in Q4 2025, despite unconfirmed Bitcoin reserves.

Bitcoin Reserves

~1,000โ€“2,000 BTC estimated
Valued at ~$100Mโ€“$200M (May 2025)

Regulatory Stance

Friendly
Progressive policies and hubs like RAK DAO drive adoption

Government Activity

Launches AE stablecoin; plans Digital Dirham CBDC
VAT exemptions since 2018

UAE Cryptocurrency Profile

Country BTC Reserves % of Global Holdings Legal Status Last Updated Key Policies
United Arab Emirates ~1,000โ€“2,000 BTC Estimated ~0.01% Friendly 2025-05-10
  • Crypto not legal tender; legal for trading/investment via licensed exchanges (Binance, OKX, BitOasis); regulated by VARA, SCA, DFSA, ADGM
  • VAT exemptions for crypto transactions (Nov 2024, retroactive to 2018); no capital gains tax, attracting investors
  • CBUAEโ€™s Jun 2024 rules mandate dirham-backed stablecoins; AE stablecoin launched Oct 2024; 12-month compliance period
  • Digital Dirham CBDC launches Q4 2025, blockchain-based, for retail/wholesale use; aims for financial inclusion
  • Aug 2024 Dubai court ruling allows crypto as bonus payments, not full salaries; clarifies contract terms
  • Strict AML/KYC; FATF Travel Rule for transactions over AED 3,500; fines up to $2M for non-compliant marketing
  • ~39.1% adoption (~3.78M users); $254.3M market revenue (2025); $25B in crypto transactions (2022); Bybit $1.4B hack under review