🇦🇪 The UAE has officially declared Bitcoin as a pillar of its future financial system.
At the Bitcoin MENA 2025 conference, Mohammed Al-Shamsi, a representative of the UAE national security sector, stated that BTC is already playing a systemic role in the country’s future financial structure.
Facts: ✦ The virtual assets market in Dubai stands at 2.5 trillion AED (~$680B). ✦ 30% of the population invests in BTC, with over 500,000 people trading daily. ✦ The UAE has fully abolished VAT, income tax, and capital gains tax for BTC operations.
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🇦🇪 The UAE has officially declared Bitcoin as a pillar of its future financial system.
At the Bitcoin MENA 2025 conference, Mohammed Al-Shamsi, a representative of the UAE national security sector, stated that BTC is already playing a systemic role in the country’s future financial structure.
Facts:
✦ The virtual assets market in Dubai stands at 2.5 trillion AED (~$680B).
✦ 30% of the population invests in BTC, with over 500,000 people trading daily.
✦ The UAE has fully abolished VAT, income tax, and capital gains tax for BTC operations.