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's new framework gives DAOs legal status, enabling off-chain asset and bank ownership. RAK’s DARe framework offers tailored legal models for DAOs of varying sizes…
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.…
UAE SCA seeks SEC probe into $WAP token for securities violations. WAP promoted by Cardi B allegedly involved in a pump-and-dump scheme. Investigators pinpoint KOLs,…
The UAE has implemented amendments to its Value-Added Tax (VAT) regulations. The new amendments will exempt the transactions and conversions of crypto assets from VAT.…
Ripple has secured in-principle approval of a financial services license in Dubai. The firm will be able to expand its services in the Dubai International…
Standard Chartered launches digital asset custodial services in the UAE. The bank secured the license from the Dubai Financial Services Authority. Via Brevan Howard Digital,…
UAE closely monitors Pavel Durov's detention in France, ensuring consular assistance. Durov's arrest linked to cybercrime, financial crime, and other serious allegations. France denies political…
Tether to launch a UAE Dirham-pegged stablecoin, backed by UAE-based liquid reserves. Tether partners with Phoenix Group to develop a stablecoin tied to the value…
RakBank and Bitpanda partner to enhance digital asset access in UAE, pending central bank approval. New platform to offer secure, regulated digital asset management for…