Dubai regulator cracks down on 19 unlicensed crypto operators

CointelegraphTuesday, October 7, 2025 at 10:11:16 AM
Dubai regulator cracks down on 19 unlicensed crypto operators
Dubai's crypto regulator has taken a significant step by sanctioning 19 companies for operating without licenses and violating marketing regulations, imposing fines that can reach up to $163,000. This crackdown is crucial as it aims to enhance the integrity of the cryptocurrency market in Dubai, ensuring that only compliant operators can thrive. Such measures not only protect investors but also bolster the overall reputation of Dubai as a safe and regulated environment for digital assets.
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