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25 sats \ 1 reply \ @TheBTCManual 28 Jul 2022 \ on: UAE investors will soon be able to trade cryptocurrencies in dirhams bitcoin
I wonder if this will be subject to any tax, if not degens will be flocking to dubai to trade shitcoins and NFTs and get themselves rekt
UAE finally letting a domestic bank be used for BTC/AED trading is a huge step forward for them. Kraken does KYC, of course, so regulators should be satisfied.
As far as tax, ... UAE doesn't have any capital gains taxes.
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