Policy & Legal Updates
Legal Advocacy Group Warns Tech Entrepreneurs Over UAE Virtual Asset Regulations
Legal advocacy group Detained in Dubai has highlighted regulatory and legal risks under the UAE's expanded 2026 Virtual Assets Framework and Federal Decree-Law No. 33 of 2025. The legislation broadens regulated virtual asset activities from three to eight categories and introduces criminal penalties, including potential imprisonment and fines reaching AED 250 million for unlicensed financial activities. The organization warned that commercial disputes could expose founders, executives, and advisers to prosecution and asset confiscation.
