TechFlow, November 25 — According to Cointelegraph, the UAE's newly implemented Federal Decree-Law No. 6 brings decentralized finance (DeFi) and Web3 projects under regulatory oversight, requiring platforms offering payment, trading, lending, custody, or investment services to obtain licensing from the Central Bank of the UAE. The law takes effect on September 16, 2025, ending the "just code" regulatory exemption defense, with violators facing fines up to 1 billion AED (approximately $272 million) and potential criminal penalties. Legal experts clarified that the regulation does not ban individuals from using self-custody wallets but expands regulatory scope over businesses. Projects must complete compliance adjustments by the end of the transition period on September 2026.
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