Dubai
UAE’s Crypto-Friendly VAT System Attracts Global Companies
UAE has set up clear guidelines for crypto and Value-Added Tax (VAT) framework. Crypto-to-crypto transactions have been exempted from VAT. Personal mining and purchase of…
UAE to Introduce Legal Structure for DAOs, Strengthening Crypto Hub Status
UAE introduces a legal framework for DAOs, promoting growth in decentralized governance. DAOs can register remotely in the UAE, offering legal protection and property rights.…
Dubai’s VARA: Striking the Right Balance in Crypto Regulation
Sean McHugh debunked claims that VARA is too friendly with crypto regulation. McHugh believes the agency has struck the right balance with the approval time…
UAE DeFi Transactions Surge 74%: A Young Nation Embraces Decentralization
DeFi transactions in the UAE soared by 74% in total value received compared to last year, per Chainalysis. ADGM and VARA are leading blockchain regulatory…
Dubai’s VARA Issues New Crypto Marketing Guidelines, Mandates Risk Disclaimers
New VARA guidelines require enhanced disclaimers on virtual asset ads in the UAE. Bonuses tied to crypto promotions must receive approval from VARA. The updated…
Investigation Uncovers $30M Crypto Fraud Tied to Celebrity Promotions
Dubai-based Sahil Arora accused of manipulating celebrity-backed crypto tokens. Arora allegedly made $30 million by dumping tokens after celebrity promotions. Legal gray areas and celebrity…
Hong Kong To List Bitcoin and Ether ETFs in April
Hong Kong prepares for spot-Bitcoin and Ether ETFs amid competition with Singapore and Dubai US Bitcoin funds garner $56 billion assets, while Hong Kong's issuers…
Crypto.com Attains Full Operational License Granted by Dubai’s VARA
Crypto.com gained full operational approval from Dubai's VARA. The platform is the first global cryptocurrency operator approved in the UAE for use with fiat currency.…
Prosecutors Block Zhao’s Return to the UAE Before February Sentencing
Binance Co-Founder Changpeng “CZ” Zhao is not permitted to leave the U.S. Federal prosecutors highlighted Zhao’s minimal ties with the U.S. The filing mentioned that…
Binance CEO Granted Residency in UAE Amidst Legal Proceedings
Binance founder Changpeng Zhao will stay in the United Arab Emirates awaiting sentencing scheduled for next year. The court permitted Zhao's stay after he pleaded,…
