UAE exempts cryptocurrency transfers, conversions from value-added tax
The UAE, particularly through its Dubai and Abu Dhabi financial hubs, continues to introduce initiatives and regulatory frameworks to attract…
Ripple secures in-principle approval to expand services in UAE
Ripple has received in-principle approval from the Dubai Financial Services Authority to enhance its cross-border payment solutions in the Middle…
Dubai regulators enforce new rule that mandates crypto marketers add risk disclaimer
United Arab Emirates’s Virtual Assets Regulatory Authority new rule will require crypto firms to add a disclaimer, warning potential customers…
CoinDCX’s Okto becomes first Web3 wallet licensed in UAE’s RAK DAO
Okto wallet, the self-custodial wallet developed by Indian crypto exchange CoinDCX, has secured a business license from RAK Digital Assets…
Crypto millionaires population up 95% in one year, survey shows
The number of crypto millionaires nearly doubled in 2024, reaching 172,300 as spot Bitcoin ETFs and other crypto assets surged.…