According to PANews, the United Arab Emirates Securities and Commodities Authority (SCA) has announced the launch of the region's first 'Finfluencer' license. This initiative aims to regulate individuals who provide financial investment advice on platforms such as social media, thereby enhancing market transparency and investor protection. The license applies to all public communication channels, and holders are required to adhere to the same compliance standards as traditional financial advisors. To encourage early adoption and support financial innovation, the SCA will waive registration, renewal, and legal consultation fees for the next three years.