Update
60 Crypto Companies Licensed in Dubai
Dubai has authorized 60 cryptocurrency companies for operation, marking a significant increase from the 11, 12, and 17 licensed in 2023, 2024, and 2025 respectively. The industry has grown from 11 licensed companies in 2023 to 60 in 2026, with a focus on broker-dealer services, exchange licenses, investment management, custody, and advisory services. Several international companies, including Bybit Fintech FZE and Payward FZCO, have also joined the market.