CoinOtag
2025-11-25 10:37:25

UAE’s New Law May Regulate DeFi Protocols, Ending “Just Code” Defense

The UAE's Federal Decree Law No. 6 of 2025 expands the Central Bank of the UAE's authority over DeFi and Web3 activities, requiring licenses for protocols enabling payments, exchanges, lending, and custody. It ends the "just code" defense, with penalties up to $272 million for unlicensed operations, marking a key regulatory shift for the crypto [...]

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