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cryptocurrency
UAE: Will VAT apply to cryptocurrency mining?
Cryptocurrency mining in the private wallets of citizens is exempt from UAE value-added tax (VAT), the Federal Tax Authority (FTA) said Tuesday. But mining cryptocurrency for someone else (i.e. bringing computer processing power), is a
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Cashing in on cryptocurrency in the UAE
Are you planning to get into crypto space? That’s fantastic! Crypto is moving so fast and can be used by novices. And the most popular one is: How do you exchange your crypto for money? This guide will show you two ways —
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UAE firms plan dirham-pegged crypto currency launch
On Wednesday, Phoenix Group, listed on the Abu Dhabi Securities Exchange, and digital asset firm Tether announced their plan to introduce a new stablecoin pegged to the UAE dirham. This collaboration aims to enhance financial stability and provide a
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Facebook takes aim at e-commerce with Libra cryptocurrency
Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and
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Binance and Cred Partner to Bring Decentralized Financial Services and LBA to Binance Chain
Binance, the world’s largest cryptocurrency exchange by trading volume and developer of proprietary blockchain Binance Chain, and
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