[UAE's New Law Brings DeFi Under Regulation, Maximum Fine Up to $272 Million] The UAE's 'Federal Decree No. 6' brings decentralized finance (DeFi) and Web3 projects under regulation, requiring platforms that provide payment, trading, lending, custody, or investment services to obtain a license from the UAE Central Bank. The law will take effect on September 16, 2025, with violators facing a maximum fine of 1 billion dirhams (approximately $272 million) and potential criminal penalties. Legal experts noted that the regulation does not prohibit individuals from using self-custody wallets but expands regulatory oversight for businesses. Project teams must complete compliance adjustments before the transition period ends in September 2026.