{"id":542002,"date":"2026-06-16T07:57:08","date_gmt":"2026-06-16T06:57:08","guid":{"rendered":"https:\/\/cryptoslate.com\/?post_type=crypto_law&#038;p=542002"},"modified":"2026-06-16T08:06:16","modified_gmt":"2026-06-16T07:06:16","slug":"uae-cabinet-decision-112-2022-vara-virtual-asset-delegation","status":"publish","type":"crypto_law","link":"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/","title":{"rendered":"UAE Cabinet Decision No. 112\/2022: VARA Virtual Asset Delegation"},"content":{"rendered":"<p><strong>Cabinet Decision No. 112\/2022 On Delegating Certain Competencies related to the Regulation of Virtual Assets<\/strong> is a United Arab Emirates Cabinet instrument that assigns specified federal virtual-asset regulatory powers to Dubai\u2019s Virtual Assets Regulatory Authority (VARA). As of June 12, 2026, the decision is treated as in force. It took effect on January 14, 2023, because Article 5 ties its commencement to the entry into force of Cabinet Decision No. 111\/2022, the UAE\u2019s broader federal virtual-asset service provider framework.<\/p>\n<h3>Key provisions of Cabinet Decision No. 112\/2022<\/h3>\n<p>The decision is short, but it performs an important allocation function in the UAE\u2019s multi-regulator virtual-assets framework. Article 1 imports the definitions used in Cabinet Decision No. 111\/2022. Article 2 then delegates to VARA the competencies and powers of the federal Securities and Commodities Authority (SCA), now succeeded by the Capital Market Authority (CMA) under the 2025 capital-market reorganization, for specified virtual-asset activities in Dubai.<\/p>\n<ul>\n<li>VARA is delegated powers to license virtual-asset activities listed in Cabinet Decision No. 111\/2022 and to supervise and control those activities, service providers and transactions within Dubai and its free zones.<\/li>\n<li>VARA may issue decisions regulating virtual-asset transactions and VASP licensing mechanisms, provided those decisions do not conflict with decisions approved by the federal authority.<\/li>\n<li>The decision covers compliance checks for personal-data protection, application of monitoring mechanisms for suspicious transactions, investor risk awareness, inspection programs, security-risk reporting, fee collection, penalties and grievances.<\/li>\n<\/ul>\n<h3>How the VARA delegation works<\/h3>\n<p>Article 3 requires VARA to cooperate and coordinate with the federal authority to establish a unified work mechanism for supervision and control over VARA-licensed VASPs. The same article addresses sharing of fees, commissions and fines where federal and Dubai-level powers overlap. It also provides that VARA must comply with Cabinet Decision No. 111\/2022, UAE legislation and federal policies, strategies, principles, standards, regulations and decisions when exercising the delegated powers.<\/p>\n<p>The decision does not create a standalone universal crypto license for the whole UAE. Rather, it helps define how VARA\u2019s Dubai mandate interacts with the federal framework. In practical regulatory mapping, that makes the decision a bridge between Dubai Law No. 4 of 2022, the VARA rulebook and the federal virtual-asset framework administered by the SCA\/CMA.<\/p>\n<h3>Scope and jurisdiction in Dubai<\/h3>\n<p>Article 4 states that VARA exercises the delegated competencies exclusively within the Emirate of Dubai and the free zones therein. VARA\u2019s own regulatory framework states that it regulates virtual assets across Dubai\u2019s mainland and free zones, except within the Dubai International Financial Centre. Cabinet Decision No. 111\/2022 also excludes financial free zones from the federal virtual-assets resolution and excludes virtual assets used for payment where they fall within Central Bank competence, except where the Central Bank approves them for investment trading on a VA platform.<\/p>\n<h3>Status, timeline and later federal changes<\/h3>\n<p>Cabinet Decision No. 112\/2022 was issued on December 12, 2022. Cabinet Decision No. 111\/2022 was published in Official Gazette No. 741 on December 15, 2022 and is listed by the UAE legislation portal as effective January 14, 2023. Because Decision 112 commences on the same date as Decision 111, January 14, 2023 is the operative effective date used for this profile.<\/p>\n<p>A later 2025 federal decree reorganized the SCA into the Capital Market Authority with effect from January 1, 2026. That decree states that Cabinet Resolutions No. 111 and No. 112 of 2022, and resolutions issued under them, continue to apply to the extent not inconsistent with the new decree and relevant legislation until repealed, amended or superseded. In September 2024, SCA and VARA also announced a cooperation agreement addressing licensing and supervision procedures, mutual supervision, penalties, information exchange and training.<\/p>\n<h3>Why it matters for crypto law tracking<\/h3>\n<p>For CryptoSlate\u2019s legal-reference purposes, Cabinet Decision No. 112\/2022 is best tracked as a UAE executive legal instrument that clarifies regulator allocation rather than as a full conduct rulebook. It is especially relevant to VASP licensing and registration, Dubai\u2019s regulatory perimeter, enforcement coordination, AML\/CFT-linked monitoring and the division of authority between VARA and the UAE\u2019s federal capital-markets regulator.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cabinet Decision No. 112\/2022 delegates specified federal virtual-asset regulatory powers to Dubai\u2019s VARA for VASP licensing, supervision, fees, penalties and grievances.<\/p>\n","protected":false},"author":1652,"featured_media":542004,"template":"","meta":[],"crypto_law_jurisdiction":[81435],"crypto_law_topic":[81505,81867,81869,81870,81871],"crypto_law_status":[81585],"crypto_law_type":[82160],"crypto_law_actor":[82488,82486,82487,82481],"crypto_law_asset_class":[81623],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UAE Cabinet Decision 112\/2022 \u2013 VARA Virtual Asset Delegation<\/title>\n<meta name=\"description\" content=\"Profile of UAE Cabinet Decision No. 112\/2022 delegating virtual-asset regulatory powers to Dubai\u2019s VARA for VASP licensing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE Cabinet Decision No. 112\/2022: VARA Virtual Asset Delegation\" \/>\n<meta property=\"og:description\" content=\"Profile of UAE Cabinet Decision No. 112\/2022 delegating virtual-asset regulatory powers to Dubai\u2019s VARA for VASP licensing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-16T07:06:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/\",\"url\":\"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/\",\"name\":\"UAE Cabinet Decision 112\/2022 \u2013 VARA Virtual Asset Delegation\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2026-06-16T06:57:08+00:00\",\"dateModified\":\"2026-06-16T07:06:16+00:00\",\"description\":\"Profile of UAE Cabinet Decision No. 112\/2022 delegating virtual-asset regulatory powers to Dubai\u2019s VARA for VASP licensing.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Laws\",\"item\":\"https:\/\/cryptoslate.com\/crypto-laws\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"UAE Cabinet Decision No. 112\/2022: VARA Virtual Asset Delegation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"UAE Cabinet Decision 112\/2022 \u2013 VARA Virtual Asset Delegation","description":"Profile of UAE Cabinet Decision No. 112\/2022 delegating virtual-asset regulatory powers to Dubai\u2019s VARA for VASP licensing.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/","og_locale":"en_US","og_type":"article","og_title":"UAE Cabinet Decision No. 112\/2022: VARA Virtual Asset Delegation","og_description":"Profile of UAE Cabinet Decision No. 112\/2022 delegating virtual-asset regulatory powers to Dubai\u2019s VARA for VASP licensing.","og_url":"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/","og_site_name":"CryptoSlate","article_modified_time":"2026-06-16T07:06:16+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@cryptoslate","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/","url":"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/","name":"UAE Cabinet Decision 112\/2022 \u2013 VARA Virtual Asset Delegation","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2026-06-16T06:57:08+00:00","dateModified":"2026-06-16T07:06:16+00:00","description":"Profile of UAE Cabinet Decision No. 112\/2022 delegating virtual-asset regulatory powers to Dubai\u2019s VARA for VASP licensing.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/crypto-laws\/uae-cabinet-decision-112-2022-vara-virtual-asset-delegation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Laws","item":"https:\/\/cryptoslate.com\/crypto-laws\/"},{"@type":"ListItem","position":3,"name":"UAE Cabinet Decision No. 112\/2022: VARA Virtual Asset Delegation"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law\/542002"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/crypto_law"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1652"}],"version-history":[{"count":1,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law\/542002\/revisions"}],"predecessor-version":[{"id":542003,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law\/542002\/revisions\/542003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/542004"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=542002"}],"wp:term":[{"taxonomy":"crypto_law_jurisdiction","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law_jurisdiction?post=542002"},{"taxonomy":"crypto_law_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law_topic?post=542002"},{"taxonomy":"crypto_law_status","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law_status?post=542002"},{"taxonomy":"crypto_law_type","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law_type?post=542002"},{"taxonomy":"crypto_law_actor","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law_actor?post=542002"},{"taxonomy":"crypto_law_asset_class","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/crypto_law_asset_class?post=542002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}