Tag: UAE

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UAE’s Federal Decree-Law No. 6 Of 2025 Brings DeFi And Web3 Squarely Into Regulatory Scope

Decentralised finance (DeFi) and wider Web3 will be included in the legislative framework of a new financial legislation in the United Arab Emirates, marking...

Dubai Leads the World’s Largest Virtual Assets Market, Transactions Volumes Year To Date Have Surpassed $680B: Sheikh Maktoum

Ever since the cryptocurrency market became a global sensation in the finance world, Dubai has stood out to be one of the most successful...

UAE To Share Crypto Tax Data With Global Authorities Ahead Of 2027 Rollout

The United Arab Emirates and local crypto firms have agreed to join an OECD-backed plan to share crypto tax data with other countries. The...

United Arab Emirates Amasses $700 Million In Bitcoin Via Citadel Mining Company Backed By Royal Group

The United Arab Emirates has been identified as one of the largest government-level holders of Bitcoin, with around 6,333 BTC worth over $700 million.  According...

UAE Expands Crypto Payments For Airlines Like Emirates, Air Arabia & Others As Regulators Tighten Ties

The United Arab Emirates is implementing policies that allow the purchase of airline tickets with cryptocurrencies. A number of airlines in the UAE began...

Dubai and the UAE Take Strategic Step Toward Unified Crypto Regulation Via New Partnership

The UAE has made significant progress towards the unification of regulations through the official cooperation between the Securities and Commodities Authority and Dubai Municipality. This...

UAE Government Confirms That Cryptocurrency Investments Alone Do Not Qualify for Golden Visa Residency

The United Arab Emirates (UAE) government has officially denied recent claims suggesting that cryptocurrency investments, specifically in Toncoin, can qualify individuals for the country’s...

Exclusive: KoinBX Eyes Southeast Asia, UAE & Africa Expansion, Aims at Introducing Advanced Trading Options

Crypto trading platform KoinBX is planning to expand its operations in emerging markets like Southeast Asia, UAE, and parts of Africa. In an exclusive...

UAE’s RAK Region Launches New Legal Framework For DAOs In Digital Assets Free Zone

Ras Al-Khaimah (RAK), a region in the United Arab Emirates (UAE), has introduced a new legal framework designed specifically for decentralized autonomous organizations (DAOs)...

United Arab Emirates To Unveil First-Ever Legal Structure For DAOs

The United Arab Emirates (UAE) is set to make history in the blockchain and cryptocurrency space by introducing the world's first comprehensive legal framework...

UAE Exempts VAT Tax On Crypto As Companies Relocate to Dubai

The United Arab Emirates have announced a digital asset tax exemption that marks a landmark change in the international cryptocurrency outlook. This decision, which...

Ripple Bags Approval for Cross-Border Payments in Dubai Amid UAE’s Rising Crypto Acceptance

Ripple has secured an in-principal approval from Dubai's Financial Services Authority to enable cross-border payments, the digital asset infrastructure provider announced on Tuesday, October...