Policy & Industry
Share
Oman's Ministry of Commerce, Industry and Investment Promotion now requires cryptocurrency mining equipment suppliers to verify that buyers hold valid licences and approvals before completing sales, after detecting unauthorized transactions in the sector.
Oman is tightening oversight of cryptocurrency mining, requiring equipment suppliers to verify that buyers are legally authorized to conduct mining activities before completing sales.
The Ministry of Commerce, Industry and Investment Promotion said it had identified cases involving the sale or supply of mining equipment to individuals and entities that lacked the licences, permits and approvals required to operate in the Sultanate.
Under a notice issued by the ministry, companies and individuals cannot complete transactions involving cryptocurrency mining equipment unless the purchaser has secured the necessary regulatory approvals.
Suppliers must confirm that buyers hold the required licences, permits and approvals from the competent authorities and are legally eligible to conduct cryptocurrency mining activities in Oman.
The requirement puts compliance obligations not only on mining operators but also on businesses supplying the hardware used to run those operations.
The ministry also warned businesses and individuals involved in the sale or supply of cryptocurrency mining equipment that failure to comply with the requirements could trigger legal and administrative action under Oman’s applicable laws and regulations.
The notice follows the ministry's detection of transactions involving mining equipment and buyers who had not secured the necessary authorization.
Oman’s approach places cryptocurrency mining within a broader compliance chain, extending regulatory oversight beyond operators to the infrastructure required to run mining businesses.
Requiring equipment suppliers to verify licences before completing sales gives authorities an additional point of control over the sector and could make it more difficult for unlicensed operators to establish or expand their operations.
It also changes the compliance burden for suppliers, which must now assess the regulatory status of customers rather than treating mining hardware as an ordinary commercial product.
For legitimate miners, the requirement could create clearer expectations around market access and licensing, while suppliers may need stronger verification procedures to avoid exposure to regulatory or administrative penalties.
More broadly, the policy reflects an approach in which regulators seek to monitor not only Oman crypto mining, but also the infrastructure that enables it.
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer
Editor's Picks

Why Zondacrypto’s Collapse Would Unfold Differently in the UAE
Walid Abou Zaki
Aug 28, 2026
8 min

The Missing Orchestration Layer Holding Back Institutional Digital Assets
Julian Sawyer
Aug 18, 2026
5 min

Beyond Crypto Access: How ARP Digital Is Building the UAE’s Digital Capital Infrastructure
Anna K.
Aug 17, 2026
8 min
Read More Articles
In the Same Space

Crypto Wealth Is Growing, but Traditional Wealth Infrastructure Is Not Ready
News Desk
Sep 10, 2026
4 min

Bitcoin Takes Hit as Iran Rising Tensions Send Oil Above $100
News Desk
Sep 14, 2026
6 min

Glamsterdam Upgrade Set for Oct. 6 Debut on Ethereum's Sepolia Testnet
News Desk
Sep 11, 2026
6 min

Kalshi's Bid for Non-Stop Stock Perpetuals Reignites CFTC-SEC Turf War
News Desk
Sep 11, 2026
8 min



