Per UAE VARA (Virtual Asset Regulatory Authority): activity-based licensing. Requirements include (a) Advisory Services + (b) Exchange Services + (c) Custody Services + (d) Broker-Dealer + (e) Lending and Borrowing + (f) Payments and Remittance Services + (g) Mining + Issuance + (h) cooperate with VARA.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.