دولياً

بعض المدخلات أدناه لم تُترجم بعد، وتظهر عناوينها وملخصاتها بالإنجليزية.

• Saudi Arabia

  The largest GCC market, and the one where serving clients without local permission carries the most risk.

  Capital Market Authority (CMA)
• Oman

  A smaller market that has moved deliberately towards a dedicated virtual-asset framework.

  Capital Market Authority (CMA) / FSA
• Kuwait

  The most restrictive position in the GCC. Assume the answer is no until it is confirmed otherwise.

  Capital Markets Authority (CMA)
• Bahrain

  The GCC's earliest mover, with a crypto-asset module inside an established central-bank rulebook.

  Central Bank of Bahrain (CBB)
• Cyprus

  The EU route. MiCA authorisation passports across the Union — the only passport in this list.

  Cyprus Securities and Exchange Commission (CySEC)
• British Virgin Islands

  A long-established company law with a VASP registration regime layered on top.

  BVI Financial Services Commission
• Cayman Islands

  The fund jurisdiction. A VASP regime under a regulator institutional investors already accept.

  Cayman Islands Monetary Authority (CIMA)
• Seychelles

  A low-cost VASP regime. Cheap to obtain, and increasingly expensive in banking and counterparty friction.

  Financial Services Authority (FSA)