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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
Post with #MyFirstPostOnSquare to receive a $50 Position Voucher each
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Your crypto insights could inspire many—start creating today!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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UAE and Bitcoin: Debunking Another Myth
Very often, news about cryptocurrencies spreads faster than the facts. This is exactly what happened yesterday with the report of a comprehensive ban on Bitcoin in the United Arab Emirates.
What has really changed?
The new regulation of the Central Bank of the UAE ( dated September 16, 2025 ) indeed introduces stricter rules, but it is not the same as a ban on Bitcoin for ordinary people.
Here is the difference:
Who missed the detailed reading?
Trader Mikko Ohtamaa announced a complete ban, but the community quickly pointed out the inaccuracy. Cryptocurrency companies simply need to obtain a license — this is regulation, not a ban.
The market reacted painfully
As rumors spread, BTC fell below the psychological mark of $100K:
Conclusion: Dubai remains a crypto filter, not a crypto ban. Regulation is normal, panic is not.