finpeel Answers · Oman · updated 2026-08-31

Who regulates virtual assets and crypto businesses in Oman?

The Financial Services Authority (FSA) is the relevant authority for Virtual Asset Service Providers in Oman. Under the current registration instructions, a person carrying on virtual-asset services in Oman must register with the FSA and comply with the applicable AML/CFT requirements.

The registration regime originated under the former Capital Market Authority (CMA), which issued Decision No. 35/2023 requiring Virtual Asset Service Providers to register before carrying on virtual-asset activities in Oman. The authority is now the Financial Services Authority, and the FSA continues to publish the VASP registration instructions.

This should not be described as equivalent to a mature full-service crypto licensing framework such as VARA's in Dubai. The existing Oman requirement is clearly a VASP registration and AML/CFT perimeter, while the regulator has separately worked on a broader virtual-assets regulatory and licensing framework.

For founders, the safe structural conclusion is straightforward: do not launch exchange, transfer, custody or other VASP activity into Oman on the assumption that crypto is unregulated. Registration and AML/CFT obligations already apply, and any later comprehensive licensing rules must also be checked before launch.

Regulator: Financial Services Authority (FSA), Sultanate of Oman

Primary sources: FSA — Instructions for registering VASPs and applying AML/CFT requirements · FSA — VASP registration announcement / Decision No. 35/2023 · FSA — AML/CFT laws and regulations

Directional — not legal advice. Verify with the regulator before committing.

Read on finpeel.com · All answers · Map your Oman crypto perimeter