Elena
Fri Jun 07 2024
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6 answers
1060
Is Binance banned in Dubai?｜. The crypto exchange may also re-enter India's market after it was banned in January.Binance just earned a license for full operations in Dubai
Is Binance actually banned in Dubai? This seems contradictory given the recent news that the crypto exchange has obtained a licence for full operations in the emirate. Could you clarify this apparent contradiction? Additionally, it's mentioned that Binance might re-enter India's market after being banned in January. What are the chances of this happening, and what steps would Binance need to take to comply with Indian regulations? Could you provide more details on this matter?
GeishaMelodious
Fri Jun 07 2024
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6 answers
1272
Does Dubai support crypto?
Could you please clarify for me: Does Dubai officially recognize and support the use of cryptocurrencies? I've heard rumors that it's a crypto-friendly jurisdiction, but I'd like to know for sure. Are there any specific regulations or policies in place that favor the adoption of crypto in Dubai? Also, are there any known crypto-related businesses or projects operating in the city that are being actively supported by the local authorities? I'm really interested in understanding the crypto landscape in Dubai and how it compares to other financial centers. Thank you for your assistance.
BlockchainBaronGuard
Fri Jun 07 2024
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7 answers
1458
Can Dubai buy Bitcoin in Binance?
Could you please clarify for me if it is possible to purchase Bitcoin in Dubai through the Binance platform? I'm curious to know if there are any specific regulations or restrictions that might affect this process. Additionally, I'd like to understand if Binance offers its services in Dubai and if there are any specific steps or requirements that need to be followed when making such a purchase. Thank you for your assistance in clarifying this matter.
Raffaele
Fri Jun 07 2024
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7 answers
1347
Why do crypto millionaires live in Dubai?｜In part, companies are attracted by the same qualities that bring any other business to Dubai – .0% corporation tax in free zones, 0% income tax, and comprehensive bi- and multi-lateral tax treaties
Why do crypto millionaires choose to reside in Dubai? Could it be due to the alluring incentives that Dubai offers to businesses? With a 0% corporation tax in free zones, 0% income tax, and extensive bi- and multi-lateral tax treaties, Dubai seems to be a haven for those seeking to maximize their financial gains. Could these tax advantages be the key factor drawing crypto millionaires to this city? Or are there other reasons that contribute to their decision to settle in Dubai?
Moonshadow
Fri Jun 07 2024
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5 answers
1236
Which banks support cryptocurrency in Dubai?｜The most famous banks in the field of working with cryptocurrencies in the UAE are First Abu Dhabi Bank, Emirates NBD and Mashreq, while Dubai Islamic Bank and Abu Dhabi Islamic Bank are among the representatives of popular Islamic banking.
Could you please enlighten me on which banks in Dubai offer support for cryptocurrency transactions? I've heard that First Abu Dhabi Bank, Emirates NBD, and Mashreq are renowned in the UAE for their dealings in cryptocurrencies. However, I'm also curious about Islamic banking institutions in Dubai, such as Dubai Islamic Bank and Abu Dhabi Islamic Bank. Do they also provide services related to cryptocurrencies? It would be great if you could provide me with more information on this matter.
