With just a few weeks left, Cosmoverse 2024 is set to be a major event for the blockchain and crypto industry, taking place in Dubai from October 21-27 …
XRP Price Drops 4.01% after Unlocking 1 Billion Tokens and Latest News on XRP ETF
With the various good news about XRP above, the price of XRP has decreased. Currently, XRP is trading at $0.6019 with a trade of 4.01%. However, in the last 24 hours, XRP touched its highest price, …
UAE exempts digital asset transfers from VAT as regulations evolve
Amendments to value-added tax (VAT) regulations in the United Arab Emirates (UAE) will exempt transfers and conversions of digital assets, including cryptocurrencies.
National Bank of Bahrain rolls out its first Bitcoin investment fund
The National Bank of Bahrain has announced the launch of its first Bitcoin investment fund, designed for institutional investors in the Middle East’s Gulf Cooperation Council, formed by Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).
United Arab Emirates Updates Tax Rules To Exempt Crypto Transfers From VAT
Regulators in the United Arab Emirates have published VAT amendments that exempt crypto transfers and conversions from VAT.
Is UAE setting the stage for a crypto revolution with VAT exemption?
This decision marks a pivotal shift in the nation’s approach to digital currencies, with the UAE positioning itself as a leader in crypto-friendly regulations.
NewsBriefs – Metaplanet buys another ¥1 billion worth of BTC
Japanese company Metaplanet bought 108,786 Bitcoin for 1 billion yen, averaging 9,192,359 yen per coin. Their total holdings now reach …
NBB unveils GCC’s first Bitcoin-linked structured investment in partnership with ARP Digital
The unveiling took place during a special ceremony at Fintech Forward 2024, marking a pioneering step for the financial sector of Bahrain and the wider region …
NBB unveils GCC’s first Bitcoin-linked structured investment in partnership with ARP Digital
The unveiling took place during a special ceremony at Fintech Forward 2024, marking a pioneering step for the financial sector of Bahrain and the wider region …
Shiba Inu’s Shytoshi Kusama Calls This Nation ‘Crypto Capital’ After It Makes Digital Asset Transactions Tax Free
Shytoshi Kusama, the mysterious lead developer at the helm of the Shiba Inu (CRYPTO: SHIB) ecosystem, praised the UAE administration for exempting cryptocurrency transactions from value-added tax (VAT …
Crystal Partners with BitOasis to Enhance Compliance and Monitoring Capabilities of Leading Virtual Assets Trading Platform in MENA
Crystal Partners with BitOasis to Enhance Compliance and Monitoring Capabilities of Leading Virtual Assets Trading Platform in MENA …
Kraken enters Bermuda with BMA-licensed crypto derivatives exchange
Kraken has announced the launch of a regulated derivatives venue in Bermuda, having secured a BMA license in the jurisdiction to provide a crypto derivatives trading offering to users.
Weekly Roundup: Coinbase delists Tether, SEC sues Ripple again
The FX, Fintech, and cryptocurrency markets have been buzzing with action this past week, as usual. Stay in the loop and ahead of the game with a handpicked collection of top updates and stories.
Coinbase to delist some stablecoins in Europe ahead of new regulations
The European Union’s landmark crypto regulatory framework, known as the Markets in Crypto-Assets (MiCA) regulation …
Coinbase to delist some stablecoins in Europe ahead of new regulations
The European Union’s landmark crypto regulatory framework, known as the Markets in Crypto-Assets (MiCA) regulation …
Coinbase to Remove Some Stablecoins in Europe Before New Regulations
Coinbase has taken steps to delist certain stablecoins from its European platform as the European Union’s Markets in Crypto Assets (MiCA) regulatory deadline approaches. MiCA, which was officially …
Top Crypto Platforms in Dubai Reshape UAE’s Digital Future
Dubai’s position as a global hub for innovation has drawn considerable attention to the city’s expanding cryptocurrency market. The United Arab Emirates (UAE), with its pro-technology policies and …