[PRESS RELEASE – Abu Dhabi, United Arab Emirates, June 3rd, 2025]Emirates Coin Investment LLC (EmCoin) has become the first company in the United Arab Emirates to receive a Virtual Asset license from the Securities and Commodities Authority (SCA). This license marks the first issuance of its kind by the SCA under the country’s regulatory framework for Virtual Asset service providers.The approval reflects the UAE’s broader efforts to establish comprehensive oversight for digital finance activities. EmCoin’s licensing under the SCA framework enables the company to offer a range of services, including Virtual Asset trading, investment access to traditional financial products, and portfolio management, within a regulated environment.“This represents a meaningful step forward for our company and the sector more broadly,” said Yasin Arafat, Chief Operating Officer of EmCoin. “We are committed to working within the UAE’s regulatory structure and supporting the safe and responsible growth of digital financial services.”EmCoin is also collaborating with the SCA on future initiatives, including the development of a regulated approach to Initial Coin Offerings (ICOs), intended to broaden investment and funding opportunities while maintaining investor protections.This development contributes to the UAE’s goal of fostering a robust and well-regulated digital finance ecosystem. EmCoin’s licensing by the SCA highlights the importance of regulatory clarity in enabling innovation and investor confidence.About Emirates Coin Investment LLCEmirates Coin Investment LLC is a UAE-based company focused on digital asset services. It is the first firm to be licensed by the Securities and Commodities Authority (SCA) to operate under its Virtual Asset regulatory framework.The post Emirates Coin Investment LLC Obtained the First Virtual Asset License in the UAE from SCA appeared first on CryptoPotato.