Dubai government has remained crypto-friendly to promote investment in the sector. With no capital gains tax and ease of buying and selling anonymously, Dubai makes life easy for crypto investors. Lack of tax on income or capital softens the anti-money-laundering laws in the emirate. Dubai, a prosperous city in the United Arab Emirates (UAE), might…
There are two big questions on everyone’s lips now, writes Michael Garbade on Cointelegraph: What exactly is Facebook’s Diem, and what it will offer its potential 2 billion users? The year 2021 seems to be a big year for the blockchain world as several projects, such as nonfungible tokens (NFTs) and centralized decentralized finance exchanges…
Art that was usually confined inside the museum or the apartment has found an expansive new home now – in the world of crypto. Contemporary art sales are back, hitting a record $2.7 billion in the past year, thanks to the love between young people and blockchain. According to Artprice, a leader in art market…
Bakkt, a crypto marketplace and custodian, announced Monday a partnership with Google to extend the “reach and usability of digital assets to meet rapidly evolving consumer demand.” Bakkt users will now be able to add their virtual Visa Debit cards into Google Pay, providing the ability to pay in crypto at a variety of online…
Amid the Dubai Expo 2020, many crypto and blockchain events are being held in Dubai right now. From now till the end of 2021, the series of events keep coming. The United Arab Emirates (UAE), especially Dubai, is known for its friendly position in the crypto and blockchain spaces. Dubai has rapidly become a city…
JPMorgan Chase CEO, Jamie Dimon, said at a conference on October 11 that cryptocurrencies should be regulated by governments and that he personally sees Bitcoin “worthless.” Speaking at a virtual event hosted by the Institute of International Finance, Jamie Dimon referred to banking regulations in a conversation held virtually by the Institute of International Finance,…