The Abu Dhabi Global Market (ADGM) Registration Authority (RA) has issued a discussion paper and proposed guidance that formalise how crypto mining will be licensed and supervised as a commercial activity conducted in or from ADGM.

While crypto mining remains outside the financial services perimeter, the proposals set clear expectations on licensing, corporate transparency, operational resilience, and supervision.

Classification and scope

Crypto mining is not a regulated financial service within ADGM; no Financial Services Regulatory Authority (FSRA) authorisation is required. 

Under the discussion, crypto mining is a licensable commercial activity. Entities must obtain…