The United Arab Emirates (UAE) has amended its value-added tax (VAT) regulations to exempt transactions involving virtual assets, including cryptocurrencies. On Oct. 2, 2024, the UAE’s Federal Tax Authority (FTA) announced the changes under Cabinet Decision No. (100) of 2024. These ...
READ MORE +
On Monday, Chinese authorities explicitly recognized “virtual asset” transactions as a method of money laundering, marking the first instance in the country that such a move has been made towards the asset class. The Supreme People’s Court and the Supreme People’s Procuratorate, the country’s ...
READ MORE +Show next
