UAE to Eliminate VAT on Cryptocurrency Transactions. Time to Get a Wallet ✅.
Oct-14-2024 07:47:03 AM
The United Arab Emirates has introduced new regulations that eliminate value-added tax (VAT) on cryptocurrency transfers and conversions.
This makes the country one of the most attractive destinations for businesses related to digital assets.
The decision of the UAE authorities demonstrates the desire to create favorable conditions for the development of cryptocurrency technologies and attract investors from all over the world 🌏.