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Dubai Court – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 17 Aug 2024 00:46:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Dubai Court – DIGIT INFO https://www.digit.info 32 32 Dubai Court Recognizes Cryptocurrency for Salary Payments https://www.digit.info/dubai-court-recognizes-cryptocurrency-for-salary-payments/ Sat, 17 Aug 2024 00:46:06 +0000 https://www.digit.info/dubai-court-recognizes-cryptocurrency-for-salary-payments/ Read more]]> Dubai Court Recognizes Cryptocurrency for Salary PaymentsIn a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital currencies. The 2024 ruling, case number 1739 of 2024, contrasts with a 2023 decision where a similar claim was rejected […]

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]]> Dubai court recognizes crypto as a valid salary payment https://www.digit.info/dubai-court-recognizes-crypto-as-a-valid-salary-payment/ Fri, 16 Aug 2024 08:10:07 +0000 https://www.digit.info/dubai-court-recognizes-crypto-as-a-valid-salary-payment/

UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions.

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