Does FAB Business accept crypto businesses? (October 2026)
Depends on the activity: as of October 12, 2026, FAB Business takes these crypto activities, per its published policy: Crypto exchange / OTC, licensed businesses only; Crypto payments, custody, on/off-ramp, licensed businesses only.
Licensee: First Abu Dhabi Bank P.J.S.C (CBUAE)
What the policy says
| Activity | Status | Scope | Checked |
|---|---|---|---|
| FAB Business · Crypto exchange / OTC | Not for unlicensed businesses | Businesses without a licence | |
| FAB Business · Crypto payments, custody, on/off-ramp | Not for unlicensed businesses | Businesses without a licence |
The prohibition of the following products, services, customer types and activities: … Establishing relationships or processing transactions with individuals or entities that perform covered Virtual Asset Service Provider (VASP) activities and are not licensed to do so by relevant UAE authorities
The prohibition of the following products, services, customer types and activities: … Establishing relationships or processing transactions with individuals or entities that perform covered Virtual Asset Service Provider (VASP) activities and are not licensed to do so by relevant UAE authorities
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