Planning to expand my payment business to Dubai but not sure about the crypto licensing requirements there. Are they strict about regulatory compliance?

Dubai has become really serious about crypto regulation lately and proper licensing is mandatory for any payment business dealing with digital assets. The UAE government wants legitimate operators while keeping out bad actors from the space. Getting licensed there gives you credibility with banks and international partners which is crucial for payment processing. I found detailed information at https://thebittimes.com/why-is-crypto-license-in-uae-dubai-important-for-the-proper-organization-of-payment-business-tbt88065.html that explains exactly why licensing matters so much for payment businesses. The process takes time but it's worth it for market access

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tnfkd wrote:
Planning to expand my payment business to Dubai but not sure about the crypto licensing requirements there. Are they strict about regulatory compliance?
Discussions like this always bring back memories of running servers and handling donations. Back then payment disputes were a nightmare and totally killed the fun. Recently I tried a service for a gaming related project, and the automated chargeback handling surprised me in a good way. Evidence submission was clear and timely, which matters when margins are thin. From my experience, cleaning this up keeps communities focused on play instead of payment drama. Anyway, does anyone here still manage disputes manually?

I’m exploring opportunities to grow my payment business internationally and Dubai seems like a promising market. I’ve been researching their crypto regulations, but it’s a bit unclear how strict the authorities are regarding licensing and compliance. While reading up, I noticed letslucky1.bet operates in a regulated gaming environment there, which makes me wonder how complex the process really is. Has anyone navigated Dubai’s crypto licensing before?