12
Articles
1
Chapters
FSRA
Issuing authority
2025
Effective since
AI
Cited answers from article text
FSRA Guidance: Virtual Asset Activities in ADGM is one of the rulebooks issued by the Financial Services Regulatory Authority — ADGM. For compliance officers, legal teams, and advisors working under this regime, finding the right article quickly matters. Lexara indexes the full text of FSRA Guidance: Virtual Asset Activities in ADGM and makes it searchable two ways: full-text and keyword search for rapid lookup, and AI Explorer for natural-language questions answered with citations to the exact article.
12 articles in 1 chapters, each with a plain-English summary by Arakan. The full text of every article is in the Laws Browser.
Guidance para 37 (PRU Chapter 3)Capital - Custody of Virtual Assets
Authorised Persons providing custody of virtual assets must hold capital equal to the higher of USD 250,000 or six months' annual audited expenditure, versus 18/52nd for traditional assets.
Guidance para 110 (COBS 14, 17.8.4)Client Money
Authorised Persons holding client money must follow COBS Chapter 14, reconciling client money at least weekly and within five days of the relevant date.
Guidance para 111Substance
Authorised Persons must be operating in substance in ADGM, with mind and management located there and resources across commercial, governance, compliance, operations, technical, IT and HR functions.
Guidance para 129Insurance
FSRA does not mandate insurance for virtual asset activities but recommends asset protection policies covering at least hot wallets for broker/dealers and custodians.
Guidance para 136 (MIR 2.6-2.8)MTF operational systems and client access
Multilateral trading facilities must maintain operational risk frameworks, test systems and wallet movements, keep recovery plans, reconcile DLT and internal ledgers, and perform customer due diligence on direct clients.
Guidance paras 2, 16-19Scope and VA Regulated Activities
FSP applicants and Authorized Persons must obtain FSRA approval for various Virtual Asset activities, adhering to COBS Chapter 17.
Guidance paras 25-36 (COBS 17.2)Accepted Virtual Assets
Authorised Persons may conduct virtual asset regulated activities only in Accepted Virtual Assets, notifying FSRA five Business Days before use; privacy tokens are prohibited.
Guidance paras 38-41 (COBS 17.3; MIR 3.2)Capital - MTF using Virtual Assets
An MTF operating in Virtual Assets must hold fiat regulatory capital covering six months' operational expenses, plus a buffer of up to six more months unless the FSRA directs otherwise.
Guidance paras 112-115Virtual Asset brokers and dealers
Virtual asset broker/dealers may not operate as a multilateral trading facility, must meet COBS 6.5 best execution rules, disclose order routing, proprietary trading, fees and pricing, and must not front-run clients.
Guidance paras 124-125Transactions with unknown counterparties
Authorised Persons should avoid unknown or anonymous counterparties, including some peer-to-peer or decentralised exchanges, and should notify the FSRA of any interaction as soon as practicable.
Guidance paras 126-128Margin trading
Firms seeking margin trading must obtain FSRA approval of terms, generally only proven firms; leverage judged against market ratios of roughly 2-4 times; unapproved firms face FSP restrictions.
Guidance paras 130-135MTF substance and scope
MTFs must be substantively based in ADGM, with order books and matching engines under FSRA oversight, limiting trading pairs to fiat-AVA or AVA-AVA combinations.
FSRA Guidance: Virtual Asset Activities in ADGM's 24 indexed articles break down by obligation type as follows.
Compliance — 6 articles
Finance — 4 articles
Technology / Compliance — 4 articles
Finance / Compliance — 2 articles
Management — 2 articles
Trading / Compliance — 2 articles
FSRA Guidance: Virtual Asset Activities in ADGM spans the following regulatory topics, as tagged by Lexara.
adgm
fsra
virtual assets
digital assets
mtf
custody
capital
supervisory guidance
Instead of reading through FSRA Guidance: Virtual Asset Activities in ADGM article by article, Lexara's AI Explorer lets you ask a question in plain English and get a cited answer — with the specific article referenced.
Ask in plain English — no need to know the article number in advance
Every answer cites the specific article it draws from, with a direct link
Responses include the relevant article text, not just a paraphrase
Cross-reference FSRA Guidance: Virtual Asset Activities in ADGM against other Financial Services Regulatory Authority — ADGM rulebooks in a single query
How Lexara works
Laws Browser
Browse the full article corpus for any UAE authority. Filter by law, chapter, or topic tag.
Full-text search
Keyword and semantic search across 7,000+ indexed articles from 20+ UAE regulators.
AI Explorer
Ask a regulatory question in plain English. Get a cited answer grounded in the actual statutory text.
Trigger layer
Structured deadline data per article — event type, offset, recurrence. No manual calendar parsing.
What is FSRA Guidance: Virtual Asset Activities in ADGM?
FSRA Guidance: Virtual Asset Activities in ADGM is issued by the Financial Services Regulatory Authority — ADGM and has applied since 10 June 2025. It has 12 articles across 1 chapters.
What does FSRA Guidance: Virtual Asset Activities in ADGM cover?
It is organised into: Virtual Asset Activities Guidance.
Who issues FSRA Guidance: Virtual Asset Activities in ADGM?
The Financial Services Regulatory Authority — ADGM. Always check the authority's official publication for the binding text.
Can I search FSRA Guidance: Virtual Asset Activities in ADGM and ask questions about it?
Yes. Lexara searches the full text of all 12 articles and answers plain-English questions with a citation to the exact article.
Leave your details and a compliance adviser who works with FSRA Guidance: Virtual Asset Activities in ADGM will call you back. There's no charge to ask.
Arakan Lexara Weekly
Key developments and what they mean, what firms are asked to do, and the deadlines coming up — from the DFSA, FSRA, VARA, CBUAE, FTA and more. Read the latest