UAE Sets New Precedent by Abolishing VAT on Crypto Transactions
The UAE's recent decision to exempt cryptocurrency transactions from VAT aligns the industry with traditional financial services, starting retroactively from January 1, 2018.
Recent in
The UAE's recent decision to exempt cryptocurrency transactions from VAT aligns the industry with traditional financial services, starting retroactively from January 1, 2018.
Dubai is advancing its regulatory measures for the machine economy through a new partnership with the Peaq network, focusing on the integration of robotics, AI, and tokenization.
Bybit has obtained a Virtual Asset Platform Operator License from the UAE's Securities and Commodities Authority, allowing it to operate fully in the region.
Bybit has successfully acquired a regulatory license in the UAE, enabling it to expand its services in the region.
Dubai is leveraging its oil wealth and Islamic finance to establish itself in the crypto space, directly challenging the dominance of Hong Kong and Singapore.
Abu Dhabi's agricultural regulator restricts farmland usage for crypto mining to uphold sustainability and land-use standards.

Every week we share the most relevant news in tech, culture, and entertainment. Join our community.
Your privacy is important to us. We promise not to send you spam!