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3232UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment
https://www.digit.info/uae-now-requires-agents-to-report-real-estate-transactions-where-virtual-currency-is-used-as-payment/
Fri, 12 Aug 2022 16:00:57 +0000https://www.digit.info/2022/08/12/uae-now-requires-agents-to-report-real-estate-transactions-where-virtual-currency-is-used-as-payment/Read more]]>The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to the Financial Intelligence Unit real estate transactions in which virtual currency is used as payment. Similarly, real estate purchases or sales where “the funds used in the transaction are derived from a virtual asset” must […]
The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to the Financial Intelligence Unit real estate transactions in which virtual currency is used as payment. Similarly, real estate purchases or sales where “the funds used in the transaction are derived from a virtual asset” must […]