fintech Archives - Fichte & Co

Demystifying The Financial Regulatory Landscape In The UAE

Navigating the financial regulatory landscape of a country can be daunting. The myriad of regulators and regulations can make you feel stuck in a grey area – not a comfortable place for someone who wants black and white. This article seeks to answer some of the most asked questions of the financial regulatory system in...

Is it illegal to trade in cryptos in absence of regulations in the UAE?

Cryptocurrencies are new to our world, hence, they are not regulated in most of countries. Therefore, the question arises, whether it is legal to trade in cryptos when there are no regulations in place. "The answer is no. There is nothing in the UAE law, right now, that prohibits a person from lawfully purchasing crypto...