{"id":3358,"date":"2026-04-01T02:22:28","date_gmt":"2026-04-01T02:22:28","guid":{"rendered":"https:\/\/mielogroup.com\/?p=3358"},"modified":"2026-04-01T02:25:56","modified_gmt":"2026-04-01T02:25:56","slug":"uae-crypto-law-2026-a-guide-to-cma-decision-no-4-r-m-2026-for-vasps","status":"publish","type":"post","link":"https:\/\/mielogroup.com\/zh\/uae-crypto-law-2026-a-guide-to-cma-decision-no-4-r-m-2026-for-vasps\/","title":{"rendered":"\u963f\u8054\u914b 2026 \u5e74\u52a0\u5bc6\u6cd5\uff1a\u9488\u5bf9 VASP \u7684 CMA \u7b2c 4\/R.M\/2026 \u53f7\u51b3\u5b9a\u6307\u5357"},"content":{"rendered":"
\n\t\t\t\t
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\u672c\u5b63\u5ea6\uff0c\u4e2d\u4e1c\u5730\u533a\u7684\u6570\u5b57\u8d44\u4ea7\u683c\u5c40\u53d1\u751f\u4e86\u7ed3\u6784\u6027\u53d8\u5316\u3002\u968f\u7740 \u7b2c 4\/R.M\/2026 \u53f7\u51b3\u5b9a<\/strong>, \u963f\u8054\u914b \u8d44\u672c\u5e02\u573a\u7ba1\u7406\u5c40\uff08CMA\uff09<\/strong>-\u4f5c\u4e3a\u300a\u7ba1\u5236\u534f\u8bae\u300b\u7684\u8054\u90a6\u7ee7\u627f\u673a\u6784\uff0c\u300a\u7ba1\u5236\u534f\u8bae\u300b\u6b63\u5f0f\u7f16\u7e82\u4e86\u8be5\u5730\u533a\u5386\u53f2\u4e0a\u6700\u5168\u9762\u7684\u865a\u62df\u8d44\u4ea7\u6846\u67b6\u3002.<\/p>

\u8be5\u51b3\u5b9a\u81ea 2026 \u5e74 2 \u6708\u8d77\u751f\u6548\uff0c\u6807\u5fd7\u7740 \u201c\u8fc7\u6e21 \u201d\u65f6\u4ee3\u7684\u7ed3\u675f\u3002\u5bf9\u4e8e\u670d\u52a1\u63d0\u4f9b\u5546\u548c\u673a\u6784\u6295\u8d44\u8005\u6765\u8bf4\uff0c\u8fd9\u4e2a\u4fe1\u606f\u662f\u660e\u786e\u7684\uff1a\u963f\u8054\u914b\u4e0d\u518d\u4ec5\u4ec5\u662f\u4e00\u4e2a\u52a0\u5bc6\u8d27\u5e01\u53cb\u597d\u4e2d\u5fc3\uff0c\u5b83\u8fd8\u662f\u4e00\u4e2a \u53d7\u76d1\u7ba1\u7684\u5168\u7403\u8d44\u672c\u5e02\u573a<\/strong> \u6570\u5b57\u91d1\u878d\u3002.<\/p>

\u65b0\u7684 \u2018\u8d85\u7ea7\u76d1\u7ba1\u8005\u2019\uff1a\u4ece SCA \u5230 CMA<\/strong><\/p>

\u81ea 2026 \u5e74 1 \u6708 1 \u65e5\u8d77\uff0c\u8bc1\u5238\u548c\u5546\u54c1\u7ba1\u7406\u5c40\uff08SCA\uff09\u91cd\u7ec4\u4e3a \u8d44\u672c\u5e02\u573a\u7ba1\u7406\u5c40\uff08CMA\uff09<\/strong>. .\u8fd9\u4e0d\u4ec5\u4ec5\u662f\u4e00\u6b21\u54c1\u724c\u91cd\u5851\u3002\u6839\u636e\u65b0\u7684\u300a\u8054\u90a6\u6cd5\u4ee4\u300b\uff0cCMA \u88ab\u8d4b\u4e88\u4e86\u7ba1\u7406 \u201c\u91d1\u878d\u4ea7\u54c1 \u201d\u9886\u57df\u7684\u66f4\u5927\u6743\u9650\uff0c\u73b0\u5728\u660e\u786e\u5305\u62ec\u6240\u6709\u865a\u62df\u8d44\u4ea7\u53ca\u5176\u76f8\u5173\u670d\u52a1\u63d0\u4f9b\u5546\u3002.<\/p>

\u7b2c 4\/R.M\/2026 \u53f7\u51b3\u5b9a\u662f\u8fd9\u4e00\u65b0\u65f6\u4ee3\u7684\u4e3b\u8981\u5b9e\u65bd\u7ec6\u5219\uff0c\u5b83\u7edf\u4e00\u4e86\u5404\u914b\u957f\u56fd\u7684\u89c4\u5219\uff0c\u5e76\u8bbe\u5b9a\u4e86\u8054\u90a6\u5408\u89c4 \u201c\u4e0b\u9650\u201d\u3002.<\/p>

\u8bb8\u53ef\u8bc1\u5236\u5ea6\u7684\u516b\u5927\u652f\u67f1<\/strong><\/p>

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  1. \u4ea4\u6362\u670d\u52a1<\/strong> (\u5e73\u53f0\u8fd0\u884c\uff09<\/li>
  2. \u6258\u7ba1\u670d\u52a1<\/strong> (\u8d44\u4ea7\u4fdd\u7ba1\uff09<\/li>
  3. \u7ecf\u7eaa\u5546\u670d\u52a1<\/strong><\/li>
  4. \u54a8\u8be2\u670d\u52a1<\/strong><\/li>
  5. \u6295\u8d44\u7ec4\u5408\u7ba1\u7406<\/strong><\/li>
  6. \u501f\u8d37\u670d\u52a1<\/strong><\/li>
  7. \u8f6c\u8d26\u548c\u7ed3\u7b97\u670d\u52a1<\/strong><\/li>
  8. \u7ba1\u7406\u4e0e\u6295\u8d44\u670d\u52a1<\/strong><\/li><\/ol>


    \u5bf9\u5e02\u573a\u53c2\u4e0e\u8005\u800c\u8a00\uff0c\u8fd9\u79cd \u201c\u57fa\u4e8e\u6d3b\u52a8 \u201d\u7684\u65b9\u6cd5\u786e\u4fdd\u540c\u65f6\u63d0\u4f9b\u4ea4\u6613\u6240\u548c\u6258\u7ba1\u670d\u52a1\u7684\u5e73\u53f0\u5fc5\u987b\u7b26\u5408\u4ee5\u4e0b\u8d44\u672c\u5145\u8db3\u7387\u548c\u98ce\u9669\u7ba1\u7406\u6807\u51c6 \u4e24\u4e2a<\/em> \u8bb8\u53ef\u8bc1--\u6d88\u9664\u4e86\u5171\u540c\u6df7\u5408\u8d44\u91d1\u7684\u98ce\u9669\u3002.<\/p>

    \u7ea2\u7ebf\uff1a\u9690\u79c1\u4e0e\u7a33\u5b9a<\/strong><\/p>

    \u7b2c 4\/R.M\/2026 \u53f7\u51b3\u5b9a\u56f4\u7ed5\u4e24\u4e2a\u7279\u5b9a\u7684\u8d44\u4ea7\u7c7b\u522b\u5212\u5b9a\u4e86\u4e25\u683c\u7684\u754c\u9650\uff0c\u4f7f\u963f\u8054\u914b\u4e0e\u6700\u4e25\u683c\u7684\u5168\u7403\u6807\u51c6\u4fdd\u6301\u4e00\u81f4\uff1a<\/p>

    • \u9690\u79c1\u7981\u4ee4<\/strong> \u91d1\u7ba1\u5c40\u5df2\u5168\u9762\u7981\u6b62\u53d1\u884c\u3001\u4ea4\u6613\u548c\u5ba3\u4f20\u4ee5\u4e0b\u4ea7\u54c1 \u9690\u79c1\u4ee4\u724c<\/strong> (\u4f8b\u5982 Monero\u3001Zcash\uff09\u3002\u4efb\u4f55\u5229\u7528\u6df7\u6dc6\u6280\u672f\u9690\u85cf\u4ea4\u6613\u6765\u6e90\u7684\u8d44\u4ea7\u73b0\u5728\u90fd\u4e0d\u7b26\u5408\u963f\u8054\u914b\u8054\u90a6\u53cd\u6d17\u94b1\/KYC \u6807\u51c6\u3002.<\/li>
    • \u963f\u5c14\u6208 \u2018\u6392\u9664\u6cd5\uff1a<\/strong> \u6839\u636e\u4ee5\u5f80\u5468\u671f\u7684\u5e02\u573a\u6ce2\u52a8\u60c5\u51b5\uff0c\u8be5\u51b3\u5b9a\u4e0d\u5305\u62ec \u7b97\u6cd5\u7a33\u5b9a\u5e01<\/strong> \u4ece \u201c\u5b98\u65b9\u865a\u62df\u8d44\u4ea7\u5217\u8868 \u201d\u4e2d\u5220\u9664\u3002\u8981\u88ab\u8ba4\u5b9a\u4e3a \u201c\u6cd5\u5b9a\u8d27\u5e01\u652f\u6301\u7684\u52a0\u5bc6\u4ee3\u5e01\u201d\uff0c\u8d44\u4ea7\u73b0\u5728\u5fc5\u987b\u8bc1\u660e\u6709\u9ad8\u8d28\u91cf\u3001\u6d41\u52a8\u6027\u5f3a\u7684\u50a8\u5907\u4f5c\u4e3a 1:1 \u7684\u652f\u6301\uff0c\u5e76\u63a5\u53d7\u6bcf\u6708\u7684 CMA \u5ba1\u8ba1\u3002.<\/li><\/ul>


      \u8d44\u672c\u5145\u8db3\u7387\u4e0e\u5408\u89c4\u8dd1\u9053<\/strong><\/p>

      \u4ece\u4e13\u4e1a\u89d2\u5ea6\u63d0\u9ad8\u4e86\u51c6\u5165\u95e8\u69db\u3002\u6700\u4f4e\u8d44\u672c\u8981\u6c42\u73b0\u5728\u6839\u636e\u98ce\u9669\u5206\u7ea7\u3002\u867d\u7136 \u201c\u54a8\u8be2 \u201d\u8bb8\u53ef\u8bc1\u7684\u8d77\u70b9\u53ef\u80fd\u662f 500 000 \u963f\u8054\u914b\u8fea\u62c9\u59c6<\/strong>, \u73b0\u5728\uff0c\u9ad8\u9891\u7387\u7684 \u201c\u4ea4\u6613\u6240 \u201d\u548c \u201c\u6258\u7ba1 \u201d\u8bb8\u53ef\u8bc1\u9700\u8981\u591a\u8fbe 4,000,000 \u8fea\u62c9\u59c6<\/strong> \u5b9e\u6536\u8d44\u672c\uff0c\u5916\u52a0 6 \u4e2a\u6708\u7684\u8fd0\u8425\u8d39\u7528\u7f13\u51b2\u3002.<\/p>

      \u6301\u8bc1\u516c\u53f8\u5df2\u83b7\u5f97 90 \u5929\u8fbe\u6807\u8dd1\u9053<\/strong> \u5c06\u5176\u73b0\u6709\u7684 \u201c\u8eab\u4efd\u8c03\u6574 \u201d\u7533\u8bf7\u8fc7\u6e21\u5230\u65b0\u7684 CMA \u8054\u90a6\u8bb8\u53ef\u8bc1\u3002.<\/p>

      \u6218\u7565\u5c55\u671b\uff1a\u6570\u5b57\u8d44\u4ea7\u745e\u58eb\u2018<\/strong><\/p>

      \u7b2c 4\/R.M\/2026 \u53f7\u51b3\u5b9a\u662f\u963f\u8054\u914b\u4e89\u53d6\u6210\u4e3a\u4e16\u754c\u4e0a\u6700\u5b89\u5168\u7684\u6570\u5b57\u8d44\u4ea7\u53f8\u6cd5\u7ba1\u8f96\u533a\u7684\u6700\u540e\u4e00\u5757\u62fc\u56fe\u3002\u901a\u8fc7\u5c06\u865a\u62df\u8d44\u4ea7\u7eb3\u5165\u8d44\u672c\u5e02\u573a\u6cd5\uff0c\u8d44\u672c\u5e02\u573a\u7ba1\u7406\u5c40\u4e3a\u673a\u6784\u6295\u8d44\u8005\uff08\u517b\u8001\u57fa\u91d1\u3001\u4fdd\u9669\u516c\u53f8\u548c\u5bb6\u65cf\u529e\u516c\u5ba4\uff09\u63d0\u4f9b\u4e86\u671f\u5f85\u5df2\u4e45\u7684\u6cd5\u5f8b\u786e\u5b9a\u6027\u3002.<\/p>

      \u5bf9\u4e8e\u963f\u8054\u914b\u6765\u8bf4\uff0c2026 \u5e74\u4e0d\u4ec5\u8981\u5438\u5f15\u66f4\u591a\u7684\u52a0\u5bc6\u8d27\u5e01\u516c\u53f8\uff0c\u8fd8\u8981\u5438\u5f15 \u66f4\u597d<\/strong> \u90a3\u4e9b.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

      The landscape for digital assets in the Middle East underwent a tectonic shift this quarter. With the issuance of Decision No. 4\/R.M\/2026, the UAE\u2019s Capital Market Authority (CMA)\u2014the federal successor to the SCA\u2014has officially codified the most comprehensive virtual asset framework in the region\u2019s history. Effective as of February 2026, this decision signals the end […]<\/p>\n","protected":false},"author":1,"featured_media":3360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[19,45],"tags":[],"class_list":["post-3358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-assets-blockchain-landscape","category-news-views"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/posts\/3358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/comments?post=3358"}],"version-history":[{"count":4,"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/posts\/3358\/revisions"}],"predecessor-version":[{"id":3363,"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/posts\/3358\/revisions\/3363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/media\/3360"}],"wp:attachment":[{"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/media?parent=3358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/categories?post=3358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mielogroup.com\/zh\/wp-json\/wp\/v2\/tags?post=3358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}