In 2025, the cryptocurrency market continues to grow rapidly, reaching a capitalization of trillions of dollars. For companies operating in this space - from exchanges and DeFi platforms to NFT marketplaces and funds - obtaining a Dubai crypto license or a license elsewhere is not just a formality but a strategic step. A license ensures legality, builds client trust, provides access to banking services, and enables scalability. Dubai, ambitiously positioning itself as a global crypto hub, attracts businesses with its flexible regulations and tax incentives. But how does a crypto license in Dubai compare to those in other leading jurisdictions like Singapore, Switzerland, Estonia, Malta, Gibraltar, and the Cayman Islands? In this article, we will thoroughly examine the advantages and disadvantages of each jurisdiction, provide practical tips, and offer examples to help you choose the optimal option for your business.