
UAE Removes VAT on Crypto Transactions
The United Arab Emirates has exempted cryptocurrency transfers and conversions from value-added tax, enhancing its position as a crypto-friendly jurisdiction for digital asset operations.
Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.
The United Arab Emirates has exempted cryptocurrency transfers and conversions from value-added tax, enhancing its position as a crypto-friendly jurisdiction for digital asset operations.
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