United Arab Emirates on Fin Tech

Dubai's ascent as a global cryptocurrency hub is not just hype – it's backed by concrete actions and strategic advantages that set it apart from other jurisdictions.

In a significant development, AE Coin has received a full regulatory licence from the Central Bank of the UAE ("CBUAE"), marking a major milestone in the country's digital finance ecosystem.

In a recent opinion published on the Shanghai High Court's official WeChat account, Judge Sun Jie, a judge at the Shanghai Songjiang District People's Court, confirmed that it is not illegal for individuals in China to hold, buy, or sell cryptocurrencies, recognising them as legal property.