Wire · regulatory
Blueberry Becomes Early Entrant Under UAE's New CMA Licensing Regime
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Fusion42 · 24 July 2026 · Fusion42 review
Blueberry Markets has secured a Category 5 license from the UAE's new Capital Market Authority, allowing it to market and introduce clients to its offshore-regulated entities without holding local custody. The approval marks one of the first direct entries under the CMA's tighter regulatory regime, which replaced the SCA on 1 January 2026 and has already levied significant fines and enforcement actions.
This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.
◆ ◆ The Wire takeaway
If you're a fintech broker outside the UAE targeting MENA wealth, the regulatory door is open but the terms have tightened. You need local regulatory expertise on day one—the CMA is fining aggressively and the marketing-only license route may not last if competitors move to full custody.
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