UAE stepped up efforts to combat global cryptocurrency crime, UAE Ministry of Interior says [MOI says]

According to Coinjie.com, the UAE Ministry of Interior (MOI) participated in the International Cryptocurrency Security Action Week seminar held in Singapore. The UAE joins global law enforcement agencies to address criminal challenges related to cryptocurrencies. The event was jointly organized by the Security Community Forum and Mastercard. The seminar brought together hundreds of experts from law enforcement and security professionals to share advanced methods of tracking cryptocurrency fraud and combating money laundering. Participants included representatives from the United Nations Office on Drugs and Crime, Interpol, the IRS, Royal Malaysia Police and leading technology companies around the world. The conference provided hands-on training on investigating dark web activities and linking law enforcement agencies to cryptocurrency exchanges and analytics companies. This public-private partnership model is designed to target three key areas and respond more effectively to the ever-changing cryptocurrency crime model. These areas include investigating cryptocurrency crime using advanced tracking methods, strengthening collaboration between institutions and exchanges, and providing insights on digital assets and emerging risks. The UAE’s recent initiatives have made it a crypto-friendly jurisdiction through a clear regulatory framework established by VARA and the active cooperation between law enforcement and international partners. The UAE is accelerating the use of cryptocurrencies in multiple fields. After the release of comprehensive technical documentation in July, the UAE Central Bank plans to launch digital dirhams between October and December 2025. CBDC will be available in both wholesale and retail formats and will have full fiat currency status. Dubai is leading government-backed real estate tokenization through the Prypco Mint platform, developed in partnership with VARA and the UAE Central Bank. Built on XRP Ledger, the platform allows partial ownership from 2,000 UAE Dh2 with the goal of tokenizing Dubai real estate worth up to $16.00 billion by 2033. ICBC real estate sales attracted 224 investors, 70% of which were first entering the Dubai real estate market. Emirates will begin accepting cryptocurrency payments in 2026 through a partnership with Crypto.com, allowing passengers to pay for flights using Bitcoin, Ethereum and stablecoins.