The UAE Ministry of Interior (MOI) participated in the International Cryptocurrency Security Action Week workshop in Singapore.
Summary
- UAE joins global law enforcement in Singapore to fight crypto fraud and laundering
- Digital Dirham CBDC launch set for late 2025 with wholesale and retail use cases
- Dubai pushes $16b real estate tokenization, Emirates to accept crypto payments
The UAE joined global law enforcement agencies to address cryptocurrency-related crime challenges. The event was organized by the Secure Communities Forum with Mastercard.
Enhanced international cooperation on crypto crimes
The workshop brought together hundreds of experts from law enforcement and security professionals to share advanced methods for tracking cryptocurrency fraud and combating money laundering.
Participants included representatives from the United Nations Office on Drugs and Crime, INTERPOL, the US Internal Revenue Service, the Royal Malaysian Police, and leading technology companies worldwide.
Sessions provided practical training on investigating dark web activities and connecting law enforcement agencies with cryptocurrency exchanges and analytics firms.
This public-private cooperation model aims to create more effective responses to changing crypto crime patterns across three focus areas.
These include investigating cryptocurrency crimes using advanced tracking methods, strengthening cooperation between agencies and exchanges, and providing insights on digital assets and emerging risks.
The UAE’s recent moves have positioned it as a crypto-friendly jurisdiction through clear regulatory frameworks established by VARA and proactive law enforcement engagement with international partners.
Crypto integration accelerates across UAE
The UAE is accelerating crypto adoption across multiple sectors.
The Central Bank of the UAE plans to launch the Digital Dirham between October and December 2025, following comprehensive technical documentation released in July. The CBDC will be available in both wholesale and retail formats and will have full legal tender status.
Dubai is leading government-backed real estate tokenization through the Prypco Mint platform, developed in partnership with VARA and the UAE Central Bank. Built on the XRP Ledger, the platform allows fractional ownership starting at AED 2,000 and aims to tokenize up to $16 billion worth of Dubai real estate by 2033. The first tokenized property sale attracted 224 investors, 70% of whom were entering Dubai’s real estate market for the first time.
Emirates Airlines will begin accepting cryptocurrency payments through its partnership with Crypto.com in 2026, allowing passengers to pay for flights using Bitcoin, Ethereum, and stablecoins.