浏览阿联酋的首字母缩写生态系统：从SCA和VARA到DMCC，ADGM和DFSA

任何试图在阿拉伯联合酋长国的生态系统中导航的任何加密企业家都不可避免地遇到该国法律景观中使用的无数首字母缩写词。

Any crypto entrepreneur attempting to navigate the United Arab Emirates’ crypto ecosystem will inevitably encounter the myriad acronyms used in the country’s legal landscape. From the SCA and VARA to the DMCC, ADGM and DFSA, what do these mysterious combinations of letters stand for, and how does one navigate this complex maze?

任何试图驾驶阿拉伯联合酋长国加密生态系统的加密企业家都将不可避免地遇到该国法律景观中使用的无数首字母缩写。从SCA和VARA到DMCC，ADGM和DFSA，这些神秘的字母组合代表什么，一个人如何浏览这个复杂的迷宫？

Moreover, is this abundance of acronyms and jargon an efficient feature of a system that promotes itself as the number one global crypto hub? Does this complexity strengthen the ecosystem, or is it a fundamental flaw in this self-proclaimed global crypto hub?

此外，这大量的首字母缩写词和术语是否是促进自身为全球Crypto Hub的系统的有效特征？这种复杂性会增强生态系统，还是在这个自称为全球加密枢纽中的基本缺陷？

What do all these acronyms stand for?

所有这些首字母缩写措施代表什么？

To make this more digestible, let’s divide the acronyms into three main categories: regulators, free zones and government initiatives.

为了使这更易于消化，让我们将缩写词分为三个主要类别：监管机构，自由区和政府倡议。

Regulators

监管机构

The UAE has multiple regulatory authorities, which may seem confusing at first, but this is not a bug. Instead, it is a feature that, if navigated correctly, can be highly advantageous.

阿联酋有多个监管机构，一开始似乎很困惑，但这不是一个错误。相反，这是一项功能，如果正确导航，则可以非常有利。

Let’s begin with the primary federal regulator, the SCA (formerly known as ESCA). SCA stands for the Securities and Commodities Authority, established in 2000. This authority regulates and supervises the UAE’s financial markets, including the DFM (Dubai Financial Market) and the ADX (Abu Dhabi Securities Exchange). It also oversees virtual assets and cryptocurrencies across the UAE, except for the financial-free zones and the emirate of Dubai.

让我们从主要的联邦监管机构SCA（以前称为ESCA）开始。 SCA代表成立于2000年的证券和商品管理局。该当局对阿联酋的金融市场进行监管和监督，包括DFM（迪拜金融市场）和ADX（阿布扎比证券交易所）。它还监督整个阿联酋的虚拟资产和加密货币，除了无财务区和迪拜的酋长国。

Another critical aspect of the crypto ecosystem — stablecoins — falls under the CBUAE’s (Central Bank of the UAE) jurisdiction, particularly stablecoins backed by dirhams. The CBUAE regulates payment token services and payment mechanisms in the UAE, encompassing fintech products.

加密生态系统（Stablecoins）的另一个关键方面属于Cbuae（阿联酋中央银行）管辖权，尤其是由Dirhams支持的Stablecoins。 CBUAE调节阿联酋的付款代币服务和付款机制，包括金融科技产品。

Next is the world’s first dedicated virtual asset regulator, VARA (Virtual Asset Regulatory Authority), established in 2022. VARA regulates virtual asset activities in Dubai, including all economic free zones, excluding the DIFC (Dubai International Financial Center).

接下来是世界上第一个专用的虚拟资产调节商VARA（虚拟资产监管机构）成立于2022年。VARA调节迪拜的虚拟资产活动，包括所有经济自由区，不包括DIFC（迪拜国际金融中心）。

Two additional regulators, the DFSA and the FSRA, will be discussed later on in this article.

本文稍后将讨论另外两个DFSA和FSRA的监管机构。

Free zones of the UAE

阿联酋的自由区

Another source of the UAE’s acronyms is its free zones. The UAE has a unique business environment with over 45 free zones catering to diverse industries. These zones cluster similar industries and companies to foster collaboration and growth.

阿联酋首字母缩略词的另一个来源是其自由区。阿联酋拥有独特的商业环境，其中超过45个自由区迎合了各种行业。这些区域集群类似的行业和公司，以促进合作和增长。

The UAE’s first free zone, JAFZA (Jebel Ali Free Zone), was established in 1985. JAFZA’s primary goal was to attract foreign investment and create a business-friendly environment. Its immense success led to the creation of numerous other free zones across the world copying JAFZA.

阿联酋的第一个自由区Jafza（Jebel Ali Free Zone）成立于1985年。Jafza的主要目标是吸引外国投资并创造一个商业友好的环境。它的巨大成功导致在世界各地创建了许多其他自由区，以复制Jafza。

Recent: Bad advice can destroy your UAE crypto company

最近：坏建议会破坏您的阿联酋加密货币公司

In 2002, the DMCC (Dubai Multi Commodities Centre) was established to position Dubai as a global commodity trading hub. Since then, the DMCC has become a critical economic driver, accounting for approximately 15% of all foreign direct investment in Dubai.

2002年，建立了DMCC（迪拜多商品中心）将迪拜定位为全球商品贸易中心。从那以后，DMCC已成为关键的经济驱动力，约占迪拜所有外国直接投资的15％。

The DMCC has also led innovation with initiatives like the DMCC Crypto Centre, which supports crypto companies and develops the ecosystem. Its most recent additions include the DMCC Gaming Centre and DMCC AI Centre.

DMCC还通过DMCC加密中心等计划领导了创新，该计划支持加密公司并开发生态系统。它的最新添加包括DMCC游戏中心和DMCC AI中心。

With the popularity of free zones rising, the DIFC (Dubai International Financial Centre) was launched in 2004 as the UAE’s first financial free zone. Unlike economic free zones, the DIFC has its own legal system and regulatory framework. Its financial regulator, the DFSA (Dubai Financial Services Authority), initially took a cautious approach toward crypto. The DIFC has since somewhat embraced the sector by introducing its Digital Assets Regime.

随着自由区的普及，DIFC（迪拜国际金融中心）于2004年成立，是阿联酋第一个免费区。与无经济区域不同，DIFC拥有自己的法律制度和监管框架。它的金融监管机构DFSA（迪拜金融服务局）最初采取了谨慎的方法。此后，DIFC通过引入其数字资产制度通过一定程度地接受了该行业。

In 2013, Abu Dhabi followed suit with the creation of the ADGM (Abu Dhabi Global Market). This free zone now ranks among the world’s largest financial districts, spanning 14.38 million square meters. Like the DIFC, the ADGM has its own legal system and regulatory framework, overseen by the FSRA (Financial Services Regulatory Authority).

2013年，阿布扎比（Abu Dhabi）遵循了ADGM（阿布扎比全球市场）的创建。现在，这个自由区占世界上最大的金融区之一，占地1438万平方米。像DIFC一样，ADGM也有自己的法律制度和监管框架，由FSRA（金融服务监管机构）监督。

The ADGM was ahead of its time in introducing a comprehensive regulatory framework for virtual assets back in 2018. The FSRA was the first regulator globally to oversee platforms trading cryptocurrencies and virtual assets.

ADGM早在2018年就为虚拟资产引入全面的监管框架之前。FSRA是全球第一个监督平台交易加密货币和虚拟资产的监管机构。

In 2015, the DWTC (Dubai World Trade Centre) was converted into a free zone with the establishment of the DWTC Authority. The creation of this free zone aimed to leverage its role as a premier networking hub, hosting major international events and exhibitions. Since 2021, the DWTC has been working to attract and develop its own crypto ecosystem, having signed an agreement with the SCA before establishing VARA.

2015年，DWTC（迪拜世界贸易中心）通过成立DWTC管理局将其转换为自由区。这个自由区的创建旨在利用其作为主要网络中心的角色，主持主要的国际活动和展览。自2021年以来，DWTC一直在努力吸引和开发自己的加密生态系统，并在建立Vara之前与SCA签署了协议。

Another popular free zone in Dubai’s crypto ecosystem is the IFZA (International Free Zone Authority), established in Fujairah in 2018 and relocated to Dubai in 2020. The IFZA has built its reputation on its well-integrated ecosystem.

迪拜加密生态系统的另一个受欢迎的自由区是IFZA（国际自由区管理机构），该区域于2018年在富查伊拉（Fujairah）建立，并于2020年搬迁至迪拜。IFZA已在其良好整合的生态系统上建立了声誉。

Across the road in Abu Dhabi, Twofour54 has become

在阿布扎比的马路对面，Twofour54已成为