发表在 阿拉伯联合酋长国论坛
20-04-2022: Crypto firms will flock to Dubai
The UAE’s regulation is more about overseeing the development of the crypto sector than curbing it.
U.S. cryptocurrency exchange Kraken is expanding into the Middle East and will open its regional headquarters in Abu Dhabi after receiving a full license to operate a regulated trading platform in the UAE.
Binance, the largest crypto exchange by trading volume, is recruiting over 100 positions in the United Arab Emirates (UAE) and is helping to shape Dubai’s new virtual assets regulations.
Founders of Indian cryptocurrency exchange WazirX recently shifted base to Dubai which has set off speculations about other crypto and Web3 startups and their management moving to Dubai.
Crypto.com announced its plans to establish an office in Dubai and will launch a “substantial recruitment drive” in the months ahead to build its presence there.
Bybit exchange revealed plans to move its global headquarters to Dubai after having received in-principle approval to “conduct a full spectrum” of virtual assets business in the emirate.
09-03-2022: Dubai approves Virtual Asset regulation Law and establishes VARA.
Sheikh Al Maktoum, ruler of the United Arab Emirates said he had issued a law creating a legal framework for crypto in the Emirate of Dubai aimed at protecting investors and “designing much-warranted international standards” for industry governance. In addition, the ruler said a newly formed Dubai Virtual Asset Regulatory Authority, or VARA, would have enforcement powers in the Emirate’s special development and free zones with the exception of the Dubai International Financial Centre.
06-03-2022: DhanuX Wins ‘Best Crypto Startup Exchange’ In Dubai
Multi-utility crypto exchange platform, DhanuX won the award for ‘The Best Crypto Startup Exchange’ in the crypto expo held in Dubai. The crypto exchange was launched in Dubai on March 5, 2022.
17-2-2022: UAE Readies National Crypto Licensing in Push to Embrace Fintech
The United Arab Emirates is poised to issue federal licenses for virtual asset service providers (VASPs) by the end of the first quarter in an effort to attract some of the world’s biggest crypto companies, according to a government official. The Securities and Commodities Authority is in the final stage of amending legislation to allow VASPs to set up, said the official, who requested anonymity due to government policy.
10-1-2022: Dubai allows crypto businesses to set up in a free zone
An economic free zone in Dubai has opened for businesses that are offering, issuing, listing, and trading crypto assets. The Dubai Multi Commodities Center (DMCC) signed the initial agreement with the Securities and Commodities Authority (SCA) to allow licensing for firms that deal with crypto assets. The licenses will be offered by the specialized DMCC Crypto Center after being screened by the SCA, state news agency WAM has reported.
Taxation of Virtual Currency
Dubai offers Zero percent of personal income tax for gains on crypto for tax residents of Dubai. whether you actively trade or hold; it is considered zero percent taxes for capital gains, on business income, and on salary too.
Dubai provides well-established regulatory crypto frameworks as crypto is legal in the country. This makes crypto investors easy to move with legal certainty with no income taxes and no reporting requirements.
To stay tuned with the fast-changing industry Dubai is building a business-friendly ecosystem with robust regulations to attract, retain and enable high-growth companies. Read all news at Coinpedia.
