UAE law – DIGIT INFO

Dubai court recognizes crypto as a valid salary payment

DIGIT — Fri, 16 Aug 2024 08:10:07 +0000

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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Dubai releases crypto regulations for virtual asset services providers

DIGIT — Tue, 07 Feb 2023 13:10:17 +0000

The laws apply to market participants within the emirate of Dubai, with the exception of those under the Dubai International Financial Centre.

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Lawyer explains new federal virtual asset law in the United Arab Emirates

DIGIT — Fri, 13 Jan 2023 13:24:31 +0000

Failure to comply with the new law could lead to a hefty fine of up to $2.7 million, ejection of profits and criminal investigation.

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UAE regulators pave way for crypto and blockchain adoption, says legal expert

DIGIT — Mon, 10 Jan 2022 10:19:56 +0000

Legal expert Kokila Alagh shared insights regarding crypto and blockchain regulations in the United Arab Emirates.

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