Starting from November 15, 2024, the UAE will exempt cryptocurrency transactions and conversions from Value Added Tax (VAT), applicable to both individuals and businesses. While other nations remain cautious in establishing clear cryptocurrency…
On January 29, Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, marked a momentous occasion by conducting the first-ever cross-border payment using the UAE…
Behind the wave of companies moving or deploying initiatives in the UAE is regulation. The country has introduced regulatory frameworks for decentralized autonomous organizations (DAOs), virtual asset providers, metaverses and other Web3-related entities….
The United Arab Emirates (UAE) has clearly emerged as one of the world’s leading crypto hubs, thanks to its innovation-friendly regulations and its knack for luring fintech-savvy entrepreneurs. That’s according to a Chainalysis…
#MIT #CBDC #Monero #ATM #UAEs #law #XMR #News #Segment #Epi source
The federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start receiving licensing applications for firms that want to provide virtual asset services within the country. The…