LYLAW
Practice areas
Virtual Assets

Crypto and Virtual Assets Lawyers in Dubai

Virtual assets and emerging technology structuring, licensing, and dispute resolution in the UAE, addressing regulatory compliance within a rapidly evolving landscape.
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Regulatory & Virtual Assets Advisory

  • Advisory on UAE laws governing virtual assets
  • Guidance on cryptocurrency, tokens, and blockchain models
  • Regulatory risk assessment and compliance planning
  • Advisory on emerging frameworks and developments

Virtual Asset Licensing

  • Structuring virtual asset and blockchain-based businesses
  • Virtual asset licensing and regulatory filings
  • Reviewing token models, offerings, and operational structures
  • Alignment with regulatory and commercial requirements

Regulatory Engagement

  • Representation before UAE regulators, including VARA
  • Licensing, disclosure, and ongoing compliance support
  • Banking, KYC, and AML advisory
  • Coordination with authorities and auditors

Dispute & Risk Resolution

  • Guidance on smart contracts and enforceability
  • Disputes involving fraud and misappropriation
  • Asset tracing and recovery support
  • Dispute resolution, enforcement, and investigations

Discover more practice areas we specialize in

Find other relevant law services that we offer to our clients.

Corporate & Commercial

Corporate legal support for businesses operating in the UAE, combining legal precision with practical, commercially-focused advice at every stage of the business lifecycle.

Real Estate

Real estate transactions and advisory across the UAE, with clear, commercially focused guidance on residential, commercial, and investment assets.

Company Formations

Company formation and structuring in the UAE, including jurisdiction selection, regulatory compliance, and operational readiness from incorporation through launch.

Intellectual Property

Intellectual property protection, commercialisation, and enforcement in the UAE and beyond, aligned with commercial objectives.

Aviation

Aviation law compliance, transactions, and contractual structuring in the UAE for aircraft owners, operators, and aviation-related businesses.

Tax

UAE tax compliance, structuring, and dispute resolution for individuals and businesses under the evolving tax framework.

Employment

Employment law structuring, compliance, and dispute resolution across the UAE for employers and employees under federal and free zone regulations.

Dispute Resolution

Strategic dispute resolution across the UAE, focused on effective pathways and the management of legal, commercial, and reputational risk.

Immigration

UAE immigration and residency planning for individuals, families, and businesses, covering visa options, regulatory requirements, and ongoing compliance.

Media

Media and digital conduct compliance and risk management in the UAE for individuals, businesses, and content creators across traditional and digital platforms.

Family Law

Family law advisory and dispute management across the UAE, with clear legal guidance and measured advocacy focused on fair, sustainable outcomes.

Criminal

Criminal defence, case management, and representation across the UAE before police and prosecution, focused on rights protection and procedural accuracy.

PRO Services

PRO and administrative services in the UAE for individuals and businesses, including documentation, attestations, and government processes.

Wills & Inheritance

Wills, estate planning, and inheritance structuring across the UAE, focused on asset protection, family interests, and long-term legacy in local and cross-border contexts.

Financial Restructuring

Debt management, restructuring, and insolvency solutions in the UAE for individuals and businesses, focused on sustainable outcomes.

How our legal process works

At LYLAW, our legal process is intentionally structured to deliver clarity, precision, and confidence at every stage. From your initial enquiry onward, we take a considered and professional approach to understanding your objectives and addressing your legal needs.
01

Initial review and introductory call

Following submission of the contact form, your enquiry is carefully reviewed. A member of our legal team then conducts an introductory call to gain a preliminary understanding of your matter and to identify the most suitable engagement framework.
02

Consultation and legal evaluation

A consultation is arranged to examine the legal dimensions of your matter in greater depth, assess relevant considerations, and clarify your objectives.
03

Strategic direction

Based on our evaluation, we develop a tailored legal strategy, outlining available pathways and recommending a clear and effective course of action.
04

Implementation and representation

We carry out the agreed scope of work through advisory services, drafting, negotiations, or formal representation before authorities, with consistent communication throughout.
05

Resolution and ongoing counsel

We remain closely involved through resolution and, where appropriate, continue to provide legal counsel to support your broader interests.
Testimonials & Reviews

Why clients rely on LYLAW

We specialize in commercial, family, employment, dispute resolution, and more areas of law. Here at LYLAW, we advocate for individuals and businesses alike.
See more client testimonials
Nita Eugenia

I would highly recommend Ms. Yamalova to anyone seeking legal representation. Honest and will keep your best interest and unique needs at the forefront.

Jesse D

Excellent value for legal advice. Ludmila is incredibly well versed on UAE law and implementation. I've worked with various law firms, including large local and global brands here, and have not found one that is more knowledgeable than her.

David Pollock

Our experience was an entirely professional and knowledgeable service on corporate structures and commercial issues we were facing. The service was comprehensive, well informed and we can recommend without hesitation.

Nesim Majzoub

This is a firm that is progressive in the way they think and handle matters. They understood my needs immediately.

Sarah Skaf

Super lovely company and very professional for its caliber. I check out their IG and TikTok pages and get a lot of helpful information when it comes to legal/illegal activities in the UAE. Keep up the great work!

Enrica Andreetto

I had a great experience with this firm. I felt very taken care of during the whole time of our collaboration. In case of need I will certainly work with them again.

Leigh Baker

Very knowledgeable and compassionate firm. Their expertise on UAE law is unmatched and their professionalism is top notch. I really appreciate how they keep clients informed at all stages of their case.

Michelle Bacellar

Ludmila is a fantastic lawyer, she is very dedicated and has great knowledge of UAE local laws. I would strongly recommend her and her team’s services and legal advice.

Krysta Fox

Ludmila Yamalova and her team have provided excellent legal support to me, and a number of my company's clients. They are professional, knowledgeable and practical.

Rafiah Ibrahim

Ludmila is very professional and competent. Able to explain clearly on how the issues can be resolved . She also suggests the best way forward . Very pleasant personality as well.

Ayesha Khan

Excellent experience. All of my questions answered and good advice given. I was a little wary of the time going over but that was not a worry. Personable and friendly. Would definitely recommend.

Marius Coetzer

Quick response after enquiry and meeting was setup shortly after. Enlightening session with Ludmila. Thank you for your assistance.

Saif

Ludmila and her team are incredibly knowledagble, supportive, and easy to work with. They simplify matters that seem complex, and add a human touch to everything they do. I highly recommend them!

Oksana Bondar

Responsiveness, sincerity and openness are what you will be met with here. I am very satisfied and I advise everyone to seek legal help. Very competent and professional. They helped us effectively resolve our issue.

Julija Jacikeviciene

Very professional service! Some of the best lawyers in Dubai, clear and fast. Personally consulted Lyudmila Yamalova - 100 points

Alejandra Ibarrola

Ludmila and her team were incredibly helpful with us, their knowledge and professionalism is second none. We would be happy to recommend them to anyone needing legal advice.

Maksym Kucheruk

I have used the company's services many times. I am happy with everything. Always promptly and professionally solves all problems/requests. I recommend!

James Joseph Brown

Ludmila is the best around. During our consultation she was able to provide me with invaluable information regarding my case. Her depth of knowledge and experience is truly impressive. Highly recommend.

Manuel Gonzalez

Exceptional legal expertise and unmatched dedication. A firm you can trust.

Suhail Diaz

Excellent and very professional services. Thank you very much for your recommendations and kind support answering all our questions.

Our location

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Find out where you can find our Dubai office, or get driving directions.

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FAQs about Virtual Assets

Is cryptocurrency legal and regulated in UAE?

Cryptocurrency and virtual assets are regulated in the UAE through a developing legal framework that includes federal regulations and emirate-level authorities such as VARA. Businesses and individuals operating in the crypto space must comply with licensing, disclosure, and compliance requirements, depending on the nature of their activities.

Do crypto businesses need a license to operate in Dubai?

Yes. Crypto exchanges, virtual asset service providers, token issuers, and other digital asset businesses typically require regulatory approval or licensing. LYLAW assists clients with obtaining the right license in line with the regulatory scope and advises on the best structuring options.

How do UAE regulations impact cryptocurrency transactions and banking access?

UAE regulations determine which crypto activities are permitted and the compliance standards required to access banking services, such as moving funds between crypto platforms and traditional banks. Banks often require proper licensing and strict AML and KYC compliance before providing accounts or payment services.

What legal risks do crypto businesses face in the UAE?

Regulatory non-compliance, banking restrictions, AML and KYC violations, smart contract disputes, and fraud-related issues are some critical risks crypto businesses can face. Early legal guidance helps identify and mitigate these risks, and a team like LYLAW can assist with compliance frameworks, contract drafting, license and registration, and dispute management in the virtual asset space.

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