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Even when there is strong market enthusiasm and support from community leaders, compliance with UAE federal and local regulations is non-negotiable.
Crypto lawyer Irina Heaver commented to Cointelegraph on why this incident unfolded and how easily it could have been avoided.
“It takes a knowledgeable crypto lawyer just 2–3 hours to review marketing materials and flag issues. That quick check can save weeks of regulatory headaches and millions in fines.”
Before making public announcements or partnership claims, please ensure your communications have been properly checked by legal counsel familiar with UAE crypto regulations.

NeosLegal is always here to support Web3 founders. We’ve guided over 300 projects and authored the Founder’s Guide to UAE Crypto Laws to help you build with clarity and confidence.
Feel free to reach out and speak with our team to avoid costly mistakes.