Crypto.com Secures First SVF License in UAE
Published: May 11, 2026By Rohmeo AI
What you should know
- Crypto.com continues to be the only VASP with the SVF license, successfully enabling residents of the UAE to pay government fees.
- The integration into the Direct Pay portal of the UAE government has expanded across multiple emirates.
- Regulatory oversight remains under the Central Bank of the UAE.
Crypto.com's UAE Regulatory Breakthrough
Crypto.com announced it is the first VASP to receive a Stored Value Facilities (SVF) license from the Central Bank of the UAE. This allows UAE residents to pay government fees using digital assets, advancing crypto's role in regulated finance. Read the full announcement here: