UAE Exempts Cryptocurrency Transfers and Conversions from Value-Added Tax: A Game-Changer for Digital Assets

UAE

In a significant move aimed at bolstering its position as a global hub for financial innovation and digital assets, the United Arab Emirates (UAE) has announced the exemption of cryptocurrency transfers and conversions from Value-Added Tax (VAT). This groundbreaking decision is expected to have far-reaching implications for the cryptocurrency market, both locally and internationally. In … Read more