Download the MENA Crypto Regulation Report
From progressive licensing to total bans—see how six Gulf nations are shaping digital asset oversight.
Crypto adoption is rising across the Gulf—but so are the risks. This report offers a country-by-country view of how six MENA nations are responding. From the UAE’s innovation-first approach to Kuwait’s sweeping bans, we break down regulation, adoption patterns, and the financial crime risks tied to unlicensed platforms, peer-to-peer trading, and inconsistent oversight. Written for regulators, investigators, and compliance teams, this guide provides actionable insights to strengthen crypto governance across the region.
Regulatory approaches vary widely: The UAE and Bahrain support innovation, while Qatar and Kuwait maintain restrictive or prohibitive stances.
Adoption thrives—even under bans: P2P crypto trade in Kuwait exceeded KWD 3 million in a single day, despite a national ban.
The UAE sets a regional benchmark: Its model combines licensing, tax incentives, and strong AML/KYC compliance.
Financial crime risks are growing: Money laundering, scams, and the misuse of crypto for illicit activity remain key threats.
Best practices are emerging: Effective strategies include mandatory licensing, cybersecurity protocols, and P2P monitoring.
