2024-10-8 23:01 |
The United Arab Emirates (UAE) has announced an exemption of many crypto-related activities from its 5% Value-Added Tax (VAT).
Similar to Notcoin - Blum - Airdrops In 2024
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The UAE, particularly through its Dubai and Abu Dhabi financial hubs, continues to introduce initiatives and regulatory frameworks to attract crypto companies and investors. Consider the latest update: The UAE announced value-added tax (VAT) exemptions for crypto transfers and conversions.…
2024-10-7 20:11 | |
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The UAE has exempted cryptocurrency transfers and conversions from value-added tax, positioning itself as a more crypto-friendly jurisdiction for digital asset transactions.
2024-10-7 14:33 | |
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UAE's Ras al-Khaimah will launch a free zone for virtual and digital asset firms later this year. The free zone will have its own tax regime and regulatory framework. The United Arab EmirateThe post Virtual and digital assets to reign in UAE's free zone, details inside appeared first on AMBCrypto.
2023-3-3 19:00 | |
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M2, a UAE-based crypto exchange, experienced a significant security breach that resulted in the loss of $13. 7 million in digital assets. In a Nov. 1 statement, the exchange disclosed that the incident occurred on Oct.
The United Arab Emirates (UAE) has exempted crypto transactions from the country’s 5% value-added tax (VAT). This exemption is part of an amendment to the Executive Regulation of the Federal Decree Law on VAT.
Ripple announced the in-principle license from the Dubai Financial Services Authority (DFSA) on Tuesday, Oct. 1. DFSA’s approval could see Ripple unlock its end-to-end payment services in the UAE as well as boost overall Middle East presence.
Tether will launch a Dirham-pegged stablecoin in collaboration with Phoenix Group. New stablecoin will join USDT, EURT and other Tether-issued stablecoins. Tether plans to add a new stablecoin pegged to the United Arab Emirates’ Dirham to its suite of stablecoins, according to an announcement on Aug.
Gate Ventures, the venture capital arm of Gate. io exchange, has partnered with Abu Dhabi’s Blockchain Center to launch Falcon Gate, a $100 million Web3 innovation fund, according to a statement shared with CryptoSlate.
RAKBANK partners with Bitpanda to create a digital asset management platform. The digital asset management platform awaits approval from the Central Bank of the UAE. UAE’s crypto adoption continues to grow with new regulations and direct bank transactions.
