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Just wanted to share my experience on here after engaging proper lawyers in the UAE. Almost all crypto activity is considered a regulated activity in Dubai. Any business consultants selling dubai corporate structures for things like ICO's (token offerings), DeFi platforms, Crypto exchanges, DAOs...

Hi All I'm looking at establishing a Trust structure in either Jersey, BVI or Cayman (based on ease of obtaining banking). The trust structure will have some exposure to crypto denominated proceeds, and as such, i need to find a suitable bank that is comfortable with both crypto, and the trust...