UAE exempts cryptocurrency from value-added tax, making it more crypto-friendly

From Cointelegraph.

October 6, 2024 7:33:36 AM:

The UAE has exempted cryptocurrency transfers and conversions from value-added tax, making it a more crypto-friendly jurisdiction. This move is expected to attract more digital asset transactions to the region.

Read more at Cointelegraph: UAE exempts crypto transfers, conversion from value-added tax